Crude Oil Futures
Short

Crude Oil Breakdown – Short Trade View

48
This is the 4-hour timeframe chart of Crude Oil.

Crude Oil has broken the LOP support zone around 5700–5720.

The next key support zone is placed around 5480–5490.

The previous LOP zone may now act as a resistance.

If this resistance holds, Crude Oil prices may continue to move lower.

Thank You!!

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.