FX.co ★ bradtke.owen | CL/Crude Oil

#CL, Wednesday, May 27, 2026

The price of crude oil commodity with the code #CL yesterday appeared to be swinging upwards, recording a bullish daily trend to the price level of 95.00. On the H4 timeframe this morning, the candle appears to be swinging at the price level of 93.15, swinging below the dynamic resistance line of EMA200 in orange, with EMA50 in purple and EMA21 in blue. The CCI14 indicator also appears to still be swinging upwards, penetrating the neutral area of the zero line. In general, a SELL #CL trading plan for today would be a profitable choice, by placing a stop loss at the higher area of 97.00 and a take profit target below the lower area of 88.50.