MCX Crude Oil Blast, I Told You Buy 1000β500 lots 6612 to 6739
MCX Crude Oil Trading Tips: π ππ Crude Oil Trading Tips: Trade With 1000β500 Lots
WTI crude oil extends the previous dayβs rebound from nearly eight-month low to $82.50 during Thursdayβs Asian session. In doing so, the black gold takes a U-turn from the downward sloping support line from May. Although nearly oversold RSI and the key support line might have triggered the quoteβs latest rebound, bearish MACD signals and a pause in the RSI recovery seems to challenge the WTI bulls.