Crude Oil Update (4-Hour Timeframe) Chart Analysis
🛢 Current Price: 6943
📈 Phase 1: If Crude Oil sustains above 5928, potential targets are:
Target 1: 6090
Target 2: 6300
Target 3: 6500
Stop-Loss: 5780
📊 Pattern Formation: Rising wedge, signaling a potential upside breakout. Watch closely for confirmation!
⚠️ Risk Management: Don't forget to set your stop-loss to protect against unexpected volatility.
📉 Disclaimer: This is technical analysis, not financial advice. Past performance doesn’t guarantee future results. Trade wisely!
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