Technical Analysis Post

USOIL (WTI) 10.10.2023

| 10 October, 2023 at 16:32 GMT

USOIL (WTI) 10.10.2023 by BDSwiss_Academy on TradingView.com

Crude oil has experienced a jump after the Hamas-Israel conflict.

It seems now that the price is following a consolidation phase forming important support and resistance levels. Breakout of those levels could cause the price to deviate significantly creating opportunities. Next possible levels are depicted by the arrows.