Date 29 - 08 -2023
Futures contracts rose 1% to a one-week high on U.S. diesel prices. soaring and reduced refinery volumes Concerned about the shortage of diesel fuel.
Oil futures rose about 1% to a one-week high on Friday. Due to rising US diesel prices and a decrease in the number of oil rigs. and a fire at a distillery in Louisiana
Sell, wait for the price to test near the resistance 80.263 and there is a signal of a reversal in the small TF, looking to sell down to retrace TP 79.405, 78.894, 78.077.
Buy if the price can stand above the resistance 80.263 TP 80.861 and Supply Zone 81.420 – 71.651.
If the price comes down to test the support level before PA Buy signal 79.405, 78.077, 77.551
Futures contracts rose 1% to a one-week high on U.S. diesel prices. soaring and reduced refinery volumes Concerned about the shortage of diesel fuel.
Oil futures rose about 1% to a one-week high on Friday. Due to rising US diesel prices and a decrease in the number of oil rigs. and a fire at a distillery in Louisiana
Sell, wait for the price to test near the resistance 80.263 and there is a signal of a reversal in the small TF, looking to sell down to retrace TP 79.405, 78.894, 78.077.
Buy if the price can stand above the resistance 80.263 TP 80.861 and Supply Zone 81.420 – 71.651.
If the price comes down to test the support level before PA Buy signal 79.405, 78.077, 77.551