Forex_Times

⚠️Crude Oil: the price is traded near the market maker's balance

TVC:USOIL   CFDs on WTI Crude Oil
👉 Over the past day, the market maker raised the price to the balance level for the weekly option contract closest to expiration (62.00).
💡 Today, during the European session, we expect testing of the level of limit buyers (60.17) and a subsequent rise to the level of the option balance of the day (61.55).
In case of an impulse rise and consolidation above the indicated resistance, we expect the continuation of the bullish movement to the price level of 62.40, where the limit seller is located.
🤔 Do you like the idea? 👍 like it ✍️ write a 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.