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CRUDEOIL - Technicals and world affairs aligning for a move
Crude Oil Futures
Long
CRUDEOIL - Technicals and world affairs aligning for a move
By Bitrageur
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Apr 11, 2024
3
Apr 11, 2024
Broken out of the trendline. Weekly supertrend signalling a buy as well , EMAs compressing around 63-6400.
Iran threatiening to close Strait of Hormuz
War escalations all around the world (middle east)!
34% would just be the beginning.
Will be adding on dips upto 6760
CRUDEOIL1!
SL weekly close below 6263
Trend Lines
Triangle
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