CRUDEOIL INTRADAY SETUP Aug 16

Crude Oil (1-Hour Timeframe)

Recent Breakout: Crude oil has broken out from a falling wedge pattern, signaling potential for further upside if price sustains above the breakout level.

Outlook: Monitor for signs of retracement or consolidation.

Strike Price Trade Setup:

Entry: Above 6,550
Targets: 6,570, 6,600, 6,630
Stop-Loss: Must have

Remember to adjust your stop-loss and take-profit levels according to your individual risk tolerance.




Chart PatternsHarmonic PatternsTrend Analysis

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