OIL Forex Analysis for Today, Wednesday(10-07-2024)

OIL Forex Analysis for Today, Wednesday(10-07-2024)

OIL Forex Analysis for Today, Wednesday(10-07-2024)

Check SELL Opportunity for OIL! Double Top Formed

CLSK Analysis

Production Infrastructure Safe from Storm

Crude oil prices have been under pressure for the past three days. Oil refinery infrastructure managed to avoid significant damage from tropical storm Beryl, so production was not significantly disrupted.

Double Top Pattern

The double top pattern is confirmed in the H1 time frame. Sell opportunities can be taken again if a pullback to the baseline area occurs.

Prediction: WEAK OIL


  • R1 84.00
  • R2 82.00
  • R3 80.00
  • R4 78.00


  • S1 84.56
  • S2 80.48
  • S3 78.92
  • S4 77.39

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