#Crudeoil Update | MCX | Mar 12


🛢️ Time Frame: 1 Hour
📉 Status: Bullish
📅 Date: 12.03.2024

🔸In the hourly timeframe, crude oil appears to be following a parallel channel, trading within a specific range.

🔸Expect upward movement in prices on Wednesday, possibly influenced by production reduction and inventory data.

🔸Expected
Traget 1 - 6554
Target 2 - 6584
Chart PatternsHarmonic PatternsTrend Analysis

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