Crude Oil important levels to watch

Crude Oil important levels to watch are as follows

#SUPPORT: 6080
#RESISTANCE: 6160

#buy above 6160 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6240
Target 2: 6320
Target 3: 6395

#Sell Below 6080 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below:
Target 1: 6000
Target 2: 5900
Target 3: 5820

Please note that each targets may act as a support and resistance so trade accordingly. Also, this is only an educational idea and not a buy or sell recommendation please follow your own trade setup before initiating any trade.

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Yorum:

Broken out from the resistance on 18-07-2023 and high made 6230 very close to first target given.

Now we will wait patiently and watch further price action. any entry will confirmed only on breakout or breakdown of the levels.

Yorum:

Second target achieved upon break of resistance !!