Crude oil price begins with bullish gap – Analysis - 03-10-2022
Economies.com
2022-10-03 04:18AM UTC
Crude oil price begins today with bullish gap that put the price at the intraday bearish channel’s resistance, waiting to cover this gap and resume the expected bearish wave on the intraday and short term basis, which its targets begin by breaking 79.35 to open the way to rally towards 76.30.
Therefore, the bearish trend scenario will remain valid and active unless breaching 82.40 and holding above it.
The expected trading range for today is between 79.00 support and 83.00 resistance.
The expected trend for today: Bearish
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