as Peace talk fail WTI crude jumped 95USD to to 105usd Barrel after that its fall again same day as expecting hopes to get the deal done on US/IRAN . while previously its ceasefire announced for 15 days from that 1week is over.
technicaally crude trading at lower range/ demand zone of short period of 93-95 at taking support of 200EMA with 61% retrace from previous swing high with channel support line is supporting there now at CMP 96:90 looks good for bullish reversal possibilties till the higher side channel range 108.
technicaally crude trading at lower range/ demand zone of short period of 93-95 at taking support of 200EMA with 61% retrace from previous swing high with channel support line is supporting there now at CMP 96:90 looks good for bullish reversal possibilties till the higher side channel range 108.
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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.