Crude oil overall bullish, recommend to buy!
Generally, the direction is consolidation
Uptrend Side: Oil prices are showing bullish momentum, reinforcing projections of continued gains in the near term. The price is on track to reach our expected target of $70.50, with a breakout above this level likely to drive the upward wave further toward $71.74.
Downtrend Side: Conversely, a break below $68.64 would disrupt the upward momentum and prompt a shift toward a downward trend.
Tendency Keys: 68.64
Uptrend Side: Oil prices are showing bullish momentum, reinforcing projections of continued gains in the near term. The price is on track to reach our expected target of $70.50, with a breakout above this level likely to drive the upward wave further toward $71.74.
Downtrend Side: Conversely, a break below $68.64 would disrupt the upward momentum and prompt a shift toward a downward trend.
Tendency Keys: 68.64
🚀 ENHANCE YOUR TRADING!! 🚀
✅ Join our FREE Telegram for Daily Signals and More Content:
t.me/+ZGl4_EPK_JNjZGRh
🚀 Elevate your trades with a 20-year market veteran!
✅ Join our FREE Telegram for Daily Signals and More Content:
t.me/+ZGl4_EPK_JNjZGRh
🚀 Elevate your trades with a 20-year market veteran!
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.