#CrudeOil Update || 21 Dec Levels
Crudeoil Intraday
Timeframe: 15 min
Strategy: Neutral
On December 21, oil prices declined, breaking a three-day winning streak, primarily driven by concerns about low demand following an unexpected rise in U.S. crude inventories. Despite worries about global trade disruptions from Middle East tensions, the focus shifted to sluggish demand. The provided chart levels are crucial for intraday setups, with potential gains of 25-30 points in either direction, depending on market respect for these levels.
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Mentioned chats levels in the chart are for intraday setup
Timeframe: 15 min
Strategy: Neutral
On December 21, oil prices declined, breaking a three-day winning streak, primarily driven by concerns about low demand following an unexpected rise in U.S. crude inventories. Despite worries about global trade disruptions from Middle East tensions, the focus shifted to sluggish demand. The provided chart levels are crucial for intraday setups, with potential gains of 25-30 points in either direction, depending on market respect for these levels.
_____________________
Mentioned chats levels in the chart are for intraday setup
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