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Crude Oil Price Movement For June 29, 2020,

analytics5ef9438bb2688.jpg

On the 4-hour chart, we see the Crude Oil is trading in a down slope of the Pitchfork channel. Now the current price is in almost the middle line from of the Pitchfork Channel. The #CL now is trying to touch the middle line at least the near SELL Side Liquidity Pool with $37.08 as the target level as long as the crude oil does not retrace upwards and closes above the 39.34 level.

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The material has been provided by InstaForex Company - www.instaforex.com