Oil Market Insights: Demand Zones and Future Fundamentals

Yesterday, CL1! oil tested and rebounded from my weekly demand zone without triggering my entry, resulting in a missed opportunity for several points. This suggests to me that there is buying interest at this level, regardless of the fact that non-commercial traders are short. I am now looking for a retest of this area—if I'm fortunate—to enter a long position. I am also awaiting the new COT data tomorrow to assess any potential shifts in fundamentals. Additionally, I am considering the presence of a stronger demand zone below, which appears even more promising. We'll see how it unfolds.
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✅ TELEGRAM CHANNEL: t.me/+VECQWxY0YXKRXLod
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🟪 Instagram: instagram.com/forexn1_com/
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🟪 Instagram: instagram.com/forexn1_com/
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.