OIL 20/5/2024 Analysis
Updated
Due to serious geopolitical scenario happening in the middle east usoil has a potential tendency to go long.
the Israel strike over Rafa and death of iranian president has created a serious tension in the middle east zone which can be affecting the price of black gold the oil.
Bullish targets: 79.60
79.80
80.10
bearish targets : 79.00
78.80
supports: 79.23
78.57
78.21
pivot 78.85
resistance 79:85
80.25
until and unless the pivot is not broken oil will continue buy.
boost follow and share us for more such trade analysis.
the Israel strike over Rafa and death of iranian president has created a serious tension in the middle east zone which can be affecting the price of black gold the oil.
Bullish targets: 79.60
79.80
80.10
bearish targets : 79.00
78.80
supports: 79.23
78.57
78.21
pivot 78.85
resistance 79:85
80.25
until and unless the pivot is not broken oil will continue buy.
boost follow and share us for more such trade analysis.
Trade active
order block with selling pressure is in 79.90- 80.00 area.Trade closed: target reached
hit all bullish targets ✔️✔️✔️✔️✔️✔️Trade closed: target reached
hit all bearish targets✔️✔️✔️✔️✔️✔️✔️
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