Technical analysis of Crude Oil for Aug 08, 2018

At the 4-hour charts we can see Crude Oil moving in a sideways condition, with a decreased volatility. And if we look at the Stochastic Oscillator there's a Divergence between this Oscillator and the price. So, this means in near future there will be a chance for the #CL to go down at least to test the lower channel (the blue line).


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