Sage Investment Club

Type: Bullish RiseKey Levels:Resistance:12339.00Pivot:11465.00Support:10758.75 Preferred Case:Looking at the H4 chart, my overall bias for CL1! is bullish due to the current price crossing above the Ichimoku cloud,indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 12339.00, where the previous swing high is.Alternative Scenario:Price may break the pivot at 11465.00, where the 50% Fibonacci line is, before heading towards the support 10758.75, where the previous swing low is.Fundamentals:There are no major news.

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