Crude Oil: There is an upward channel appearing on the 4 H chart. This commodity is now trading near the top of this channel and since the stochastic slow is crossing at 80 combined with a negatively sloped RSI and momentum, we have a strong indication that this pair will now head towards the 787.80 mark, which is the bottom of this channel. This is a good opportunity for Forex traders to maximize profits by entering an early short position.