CRUDE OIL (WTI) Structure Analysis & Key Levels

snapshot

Crude oil lost almost 10% from the 26th of August.
clearly, 43.5 is our new key daily structure and currently, it is the closest strong resistance.

the closest support is quite far.
34.4 - 36.2 is the first strong support based on this year's price action.

the next support is lying within 27.1 - 28.7 also based on this year's price action.

we will look for trading opportunities from these key levels once they will be reached.
brentCrude Oil Futures WTI (CL1!)CommoditiesfuturesOilSupply and DemandSupport and ResistanceTechnical AnalysisTrend AnalysisCrude Oil BrentCrude Oil WTIWTI

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