Crude Oil FuturesUpdated CRUDEOIL | MCX | 19-20th Feb
📊 Analysis
🔍 Timeframe: 1 hour
📈 Strategy: Bullish, then Bearish
Observing a robust rejection point at 6600. Anticipating either a range-bound market or rejection from a bearish OB.
Considering recent news:
Oil prices remain in a tight range amid Red Sea ship attacks and demand worries. Brent crude and WTI show slight gains at $83.57 and $78.48, supported by ongoing tensions in the Middle East.
Share your insights! If you concur, give it a thumbs up. 👍 #OilMarketAnalysis #TradingStrategy
🔍 Timeframe: 1 hour
📈 Strategy: Bullish, then Bearish
Observing a robust rejection point at 6600. Anticipating either a range-bound market or rejection from a bearish OB.
Considering recent news:
Oil prices remain in a tight range amid Red Sea ship attacks and demand worries. Brent crude and WTI show slight gains at $83.57 and $78.48, supported by ongoing tensions in the Middle East.
Share your insights! If you concur, give it a thumbs up. 👍 #OilMarketAnalysis #TradingStrategy
Note
break down early!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.