Forex_Times

🔥 Crude Oil: hedgers are picking up purchases, and you?

TVC:USOIL   CFDs on WTI Crude Oil
💡 Over the past day, the level of the limit seller (65.91), which we talked about in yesterday's trading idea, has successfully worked out.
🎯 The closest support level for today is the level of the weekly hedger support area.
The main scenario of the development of events is a breakdown of the specified support and a subsequent decline to the level of the market maker's loss (62.21), where a buy order with a volume of $ 11.7 million is located.
The nearest resistance is the option balance of the day (64.06).
🤔 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.