Crude Oil Futures
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CRUDEOIL | MCX | 19-20th Feb

765
📊 Analysis

🔍 Timeframe: 1 hour
📈 Strategy: Bullish, then Bearish

Observing a robust rejection point at 6600. Anticipating either a range-bound market or rejection from a bearish OB.

Considering recent news:
Oil prices remain in a tight range amid Red Sea ship attacks and demand worries. Brent crude and WTI show slight gains at $83.57 and $78.48, supported by ongoing tensions in the Middle East.

Share your insights! If you concur, give it a thumbs up. 👍 #OilMarketAnalysis #TradingStrategy
Nota
break down early!!

Penafian

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