Crude Oil on the verge of something big (Aug. 25, 2022)

As written before, Crude will have to battle it out with the crucial $95 resistance in order to confirm a rounded double bottom on the daily, hit some stops and build some momentum toward the triple digits. It failed to do so at this very level recently, so we need to wait for the market to make its move to either direction.

Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!