Osiris992

OIL MAY 2024 WEEK 3 OUTLOOK -

TVC:UKOIL   CFDs on Brent Crude Oil

Daily- bearish. looks bearish but we have been trading near S1 for a week now and we have multiple POCs below current price where we can see buyers stepping in. so I will take entries on both sides but will look to close quickly.
Origin - bearish, in need of pullback. 2 zones I am looking at are **82.82 - 83.13** and **83.67 - 83.32**. I will look for a reaction from these areas on oil this week.

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