Crude oil my knowledge database.
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.
Crude oil may face Resistant @83.5 however there is a strong support @$80-81.
Any positive news on crude oil and ISRAREL-HAMAS can force the trend to be down, however in recent days there is no such things seem to happen.
Traders must have to be very careful for holding any overnight position till the news on this conflict does not get resolved.
Below is the channel pattern following the WTI Crude oil.