CrudeOil Update | May 29

Crude Oil Technical Analysis: Bearish Order Block in Control
Chart Pattern: Bearish Order Block (OB)

Current Price: 6710
Downside Target: 6565
Stop-Loss: 6730

When Crude Oil attempts to break above this bearish OB, the price tends to fall back again.


Additional Considerations:
Increased selling volume within the bearish OB would strengthen the bearish signal.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.