Crude Oil - Technical Analysis: Tuesday, 18/04/2017 06:08 GMT

Crude oil price shows slight bearish bias after completing the minor bearish pattern mentioned yesterday and explained on the chart below, to head towards potential test to 51.64 level before turning back to continue the main bullish trend.

Thus, the overall bullish trend still valid, and the price stability above 51.64 represents important condition to continue the expected bullish trend, which needs to surpass 53.02 barrier to open the door to head towards 54.73.