Crude Oil Supply & Demand Zones
Price approaches to supply zone but supply zones are stacked over each other, and in such circumstances it is better to be patient and see the reactions, generally the higher supply level the less risky. Demand zone looks more likely for a rejection.
NOTE: API Weekly Crude Oil Stock data will be published today and I believe it will move the price to these zones.
NOTE: API Weekly Crude Oil Stock data will be published today and I believe it will move the price to these zones.
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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.