Crude Oil 4 Hour Price Update
Updated November 20, 2020 01:49 AM GMT (09:49 PM EST)
The end of a 3 four-hour candle positive run has come for Crude Oil, which finished the previous 4 hours down 0.19% ($0.08). Out of the 6 instruments in the energy commodity asset class, Crude Oil ended up ranking 3rd for the four-hour candle in terms of price change relative to the previous 4 hours.
Crude Oil Daily Price Recap
Crude Oil’s 3 day positive streak has officially concluded, as the candle from the previous day closed down 0.19% ($0.08). Out of the 6 instruments in the energy commodity asset class, Crude Oil ended up ranking 3rd for the day in terms of price change relative to the previous day. Below is a daily price chart of Crude Oil.
Crude Oil Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 9 out of the past 14 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.
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