Crude Oil is on the dilemma right now at the important resistant level of 50.5 region. They are doing serious "swapping over" right now.
It is likely that the level will be broken sooner or later.
I will bet for a UP as ling as the price supports at 48.5x level. If the breakout does happen, the next levels of resistant will be 51 and 51.6x
Trade Safe, s0nic
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.