Crude Oil FuturesShort
CRUDEOIL UPDATE | FEB 2 | MCX
#CRUDEOIL || 2nd FEB || Intraday setup
🔸Timeframe: 1 hour
🔸Strategy: Short
Target - sustain below 6157
INVALIDATION above 6200
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The OPEC+ monitoring committee's decision to maintain oil-output cut plans and the expectation of a gradual reversal of cuts have provided support to oil prices. The high conformity among members adds to the market stability. This decision is likely to influence crude prices positively, as it signals a cautious approach toward increasing production.
🔸Timeframe: 1 hour
🔸Strategy: Short
Target - sustain below 6157
INVALIDATION above 6200
________________
The OPEC+ monitoring committee's decision to maintain oil-output cut plans and the expectation of a gradual reversal of cuts have provided support to oil prices. The high conformity among members adds to the market stability. This decision is likely to influence crude prices positively, as it signals a cautious approach toward increasing production.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.