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The U.S. strike on Iranian nuclear facilities Saturday may trigger an instinctive reaction in global markets upon reopening, pushing oil prices higher and sparking a safe-haven rush. Technicals show oil has broken above previous highs while holding above prior lows, forming a volatile rebound with persistent bullish momentum. The key focus next week is whether oil can sustain its upward breakout.
Overall, crude oil remains range-bound at elevated levels, with $76 resistance overhead and $72 support below.
Trading Strategy for Next Week:
Prioritize long positions on pullbacks.
buy@72-73
TP:75-76
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The U.S. strike on Iranian nuclear facilities Saturday may trigger an instinctive reaction in global markets upon reopening, pushing oil prices higher and sparking a safe-haven rush. Technicals show oil has broken above previous highs while holding above prior lows, forming a volatile rebound with persistent bullish momentum. The key focus next week is whether oil can sustain its upward breakout.
Overall, crude oil remains range-bound at elevated levels, with $76 resistance overhead and $72 support below.
Trading Strategy for Next Week:
Prioritize long positions on pullbacks.
buy@72-73
TP:75-76
Share accurate trading signals daily—transform your life starting now!
👇 👇 👇 Obtain signals👉👉👉
Click the link for accurate trading signals!
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t.me/+yjp8kSPDleljYzA0
Change your life starting from entering my Telegram channel!
t.me/+yjp8kSPDleljYzA0
Making profits will be as easy as breathing!
t.me/+yjp8kSPDleljYzA0
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.
Click the link for accurate trading signals!
t.me/+yjp8kSPDleljYzA0
Change your life starting from entering my Telegram channel!
t.me/+yjp8kSPDleljYzA0
Making profits will be as easy as breathing!
t.me/+yjp8kSPDleljYzA0
t.me/+yjp8kSPDleljYzA0
Change your life starting from entering my Telegram channel!
t.me/+yjp8kSPDleljYzA0
Making profits will be as easy as breathing!
t.me/+yjp8kSPDleljYzA0
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.