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IG_TRADER
Jul 6, 2020 8:17 AM

CRUDE OIL WTI FUTURE SHART POSITION Short

Crude Oil Futures (Aug 2020)NYMEX

Description

INT OR I SHOULD SAY SUPPLY ZONE AT 41.5 THAT CAN TAKE CRUDE OIL DOWN TILL THE MARKED POINT IN THE CHART

Comment

37.5 IS AA BIG DEMAND ZONE SEEN IN A CHART AND 41.5 IS SUPPLY ZONE FOR NOW IF THERE IS REJECTION FROM 41.5 LEVEL ON THE CHART THEN CRUDE WILL COME UPTO 37.5 AND MORE DOWNSIDE AS WE SAW THAT BEFORE

Trade active

TRADE WILL BE ACTIVE NEWAR AROUND 41.6

Comment

38.54 MADE A RECENT LOW
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