On September 22, 2023, there is a Double Top Chart Pattern observed in the crude oil market. The first top level is at 7548, and there is a strong resistance on September 21, 2023. The second top level is at 7567, and it is also facing resistance on September 22, 2023. The pattern suggests that there is a retracement area between the levels 7507 and 7467. The targets for this pattern are 7424 level for target 1 and 7390 level for target 2. We will provide further updates on this pattern in the future.
Commodity Central - chart - 172438879