Bearish Analysis: Crude Oil (CL Futures)

21 בינו׳

1️⃣ Rejected at Supply Zone:
The price was strongly rejected from the $80 supply zone, where sellers clearly took control. This zone has been a key resistance level, and the recent bearish momentum confirms strong selling pressure.

2️⃣ Bearish Momentum in Play:
The sharp decline from the supply zone has broken short-term supports, signaling sustained bearish movement. The next major target is the $66–$67 demand zone, where buyers may step in.

3️⃣ Technical Indicators Supporting Bears:

RSI: At 54.88, the RSI suggests there’s room for further downside before reaching oversold conditions.
Stochastic Oscillator: A bearish crossover between the %K and %D lines confirms increasing selling pressure, with momentum favoring a continuation of the trend.

4️⃣ Fundamentals Adding Pressure:

Trump’s Energy Policy: Potential policy changes to increase domestic oil supply could create a bearish outlook for crude oil.
Stronger Dollar: The strengthening USD makes oil more expensive for global buyers, further dampening demand and supporting the bearish case.

🎯 Strategy:

TP1: $75 (Near-term target, close to the current price).
TP2: $74.30 (Minor support, a potential bounce or pause area).
TP3: $72 (A strong psychological and technical level).
TP4: $67 (Major demand zone).

🔔 Note:
Consider using a positive stop loss to secure gains and reduce risk. Always practice proper risk management to protect your capital and maintain consistent results.

25 בינו׳

עסקה פעילה

TP1 and TP2 reached! 🎯

31 בינו׳

הערה

TP 3 Reached!