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Support and Resistance Levels for Oil
CFDs on WTI Crude Oil
Support and Resistance Levels for Oil
By MrWorld
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Jul 6, 2022
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With gas prices at an extreme high, driven also by inflation, monitoring crude oil became even more interesting recently.
Lower timeframes broke down nicely, H6 went into bearish market structure recently and as of yesterday, price was below $100.
Daily support below marks a significant level, price action around the support area will point towards the coming course of Oil.
Trend Analysis
MrWorld
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