Crude Oil WTI at make or break level
Note: I am creating this sheet for learning purpose and make a data for myself. Any entry based on this will not create any liability on me and anyone/anything in concern with me.
After making a high in recent days Crude oil has begun its downtrend. The price fell sharply after the cool down of the war fear between Israel-Palestine.
Looking at the chart price clearly showing it weakness, however on friday session on quick bounce back was seen in crude oil, as in my previous post I said that it may touch near 65 but this time 70 is creating a kind of support, however it it breakdown chances are high It is going down and 65 would not be be far.
Also read: WTI crude oil may face Resistant @$84.