Upwards Crude Oil Trading Trend

What is Trending in a Upwards Oil Direction?

Oil Up Trending Market - is a market where the general crude crude oil price direction is up meaning crude oil prices are generally closing higher than where they opened.

What's Trending in a Upwards Oil Direction?

Oil Interpret Upward Crude Oil Trend

An upward oil trend pattern is drawn below the upward sloping crude crude oil price oil trend by connecting at least two lows. This will draw a oil trend line that show the general oil trend direction of the oil market upwards.

A oil up trend occurs when the crude crude oil price makes consecutive higher crude crude oil price highs and higher crude crude oil price lows. Each crude crude oil price high is higher than the previous crude crude oil price high - higher high, & each crude crude oil price low is higher than the previous crude crude oil price low – higher low.

Interpret a Upwards Oil Trend?

Oil Interpret Upward Crude Oil Trend Line

Upwards Crude Oil Trendline: The upward oil trend line pattern of this minor resistance & support points will form a series of support & resistance levels whose general oil trend direction is upward.

Interpret a Upwards Oil Trend Line