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Oil Market Insights: Demand Zones and Future Fundamentals

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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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Crude Oil Futures WTI (CL1!)forexn1Fundamental AnalysisOiloilpriceoiltradingpetrol
FOREXN1
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🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/

🔥 UP to 4000$ BONUS: forexn1.com/broker/

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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。