The Palestinian-Israeli conflict has killed more than 1,600 people! Crude oil rose more than 4% and may continue to rise in the future.
After the Palestinian-Israeli conflict, it was in a range, with the lowest of 84.6 and the highest of 87.2 that day. The daily line closed at 86.3. From the daily line, oil prices will continue to rise. The top continues to pay attention to the breakthrough of 87. On the four-hour line, the Bollinger Track is parallel. , showing a volatile upward trend, the hourly line, the Bollinger Band narrowed in parallel, and oil prices will remain range-bound in the short term. In summary, intraday operations are dominated by shocks, let’s first look at the 84-88 range.
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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.