10.03.202506:43 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Crude Oil Commodity Instrument, Monday March 10, 2025.

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With the appearance of the Bullish 123 pattern followed by the Bullish Ross Hook and also confirmed by the price movement of the Crude Oil commodity instrument which has Divergence with the RSI (5) indicator, it gives an indication that in the near future #CL will strengthen upwards where the level of 68.21 will be tested. If it turns out that this level is successfully broken and closes above it, then #CL will continue to strengthen again to 68.92, even if the volatility and momentum of its strengthening support it, then 69.83 will be the next target to be aimed at, but please also note that the appearance of the Ascending Broadening Wedge pattern also gives a warning of the potential for weakening where if #CL breaks and closes below 65.59, all previously described strengthening setups will become invalid and automatically canceled by themselves.

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