manavtechresearch

CRUDE BREAKING CRUCIAL LEVELS

Short
TVC:USOIL   CFDs on WTI Crude Oil
SUMMARY:-
*expecting retest of $93
*pattern breakdown is visible in the charts
*but prices as of now are news driven
*further relaxation in war news or de-escalation news will bring price down further
*USA diving into its strategic reserves will make sure prices cool down further
*for the time being $100 mark is broken eventually expect levels of $83-$85

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