🌐 Crude Oil: hedgers have paused the rise,- for how long?
✍️ Based on trading results on Thursday, April 29, the asset quotes, after testing the premium level of the hedger resistance zone (65.20), returned back to the market maker's profit margins (64.60).
In case of a successful test of the buyer limit level (64.52), we expect a further rise to the option balance of the day (65.01).
⚠️ In case of breakdown and fixation below the price level of 64.52, we expect further decline to the strike level of weekly hedge resistance area (64.00).
In case of a successful test of the buyer limit level (64.52), we expect a further rise to the option balance of the day (65.01).
⚠️ In case of breakdown and fixation below the price level of 64.52, we expect further decline to the strike level of weekly hedge resistance area (64.00).
