dhananjay.d.joshi

CL1! , Crude oil analysis on daily chart

NYMEX:CL1!   Light Crude Oil Futures
snapshot

Crude started down move exactly at supply zone , have shared levels on the chart.

Structural support exists around 38% Fibonacci level which may become point where price may halt.
Short trade is on..
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34.00 is the level to watch as per your chart
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Thanks,
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