Crude Oil Forms an Interesting Setup – Big Move Ahead

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Crude Oil Forms an Interesting Setup – Big Move AheadCrude Oil FuturesMCX:CRUDEOIL1!FiveCirclesCRUDE OIL | Symmetrical Triangle Pattern Forming Support Zone: 7800–7900 Resistance Zone: 9900–10000 As long as the price remains within this symmetrical triangle pattern, no major directional move is expected and the market is likely to trade within the visible range. A decisive breakout above the resistance zone or a breakdown below the support zone could trigger a strong one-sided move. Until then, traders can focus on range-bound opportunities within the pattern. Trade the range while the pattern holds. After a confirmed breakout or breakdown, look for a directional move with momentum. view :- strong bearish after breadown the pattern support or near the resistance .