Crude oil market analysis
Last week's crude oil weekly line again closed a small hammer candle shape, short-term shape is a bottom market, the daily line does not continue, back and forth to the bottom of the west, we look at the above 4H form, if the bottom of the W bottom can bring a large level of rebound, so this week we are still low to look at the rebound. Today focus on the support of 72.10 bullish
Crude oil -----72.20 is close to buy
Target 73.90 -- 76.00
Last week's crude oil weekly line again closed a small hammer candle shape, short-term shape is a bottom market, the daily line does not continue, back and forth to the bottom of the west, we look at the above 4H form, if the bottom of the W bottom can bring a large level of rebound, so this week we are still low to look at the rebound. Today focus on the support of 72.10 bullish
Crude oil -----72.20 is close to buy
Target 73.90 -- 76.00
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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.