Crude oil tested key resistance at $69.97 before pulling back, signaling potential consolidation, but bullish signals suggest further upside towards the $70.61–$70.81 target zone.

Once the ABCD pattern is identified on the exchange rate chart of a currency pair trading in the forex market, traders can use it to identify potential trading opportunities and initiate trades.

A rising ABCD pattern has been added to the chart that starts the C leg at the low from two weeks ago. If the ABCD pattern hits its target as contemplated, natural gas would be at 2.79.