Forex_Times

🌐 Crude Oil: hedger zone as near resistance

TVC:USOIL   CFDs on WTI Crude Oil
🔥 Over the past 24 hours, the main scenario that we talked about yesterday worked out as planned - the rebound from the balance of the day (59.46) and the subsequent rise to the limit seller (62.09).
❗️ In case of consolidation below the level of the options balance of the day (61.38) during the European session we expect decline with the target landmark at 61.38, where the Buy Limit is located.
The main scenario for today is the upside, the limiting seller level (62.96) is the growth target by the end of the day.
🤔 Like the idea? 👍 like it ✍️ write comment
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.