will be able to break above 5400-5410 the resistance zone, or is it likely to face rejection and move back down?
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will be able to break above 5400-5410 the resistance zone, or is it likely to face rejection and move back down?
exit crude buy cost


tp 60.99
tp 61.23
tp 62.56
sl 59.56
The oil options market is buzzing with mixed activity — trades in both directions, and volatility buying via synthetic structures.
But one portfolio stands out:
Call Spread + Sold Put (to reduce entry cost)
Target zone: $62–$65
Expiry: 13 days away
This setup allows for some sideways action or even a slight dip over the next couple of days — but ultimately expects a move higher by expiry.
📌 So we’re not rushing into longs — and I wouldn’t advise anyone else to either.
The next 48–72 hours will be key.
For now — watch, wait, assess. Today SUPPORT 59.11-59.35
