Oil is currently running in a ranging market with formation of bullish engulfing candlestick at H4 timeframe and a formation of double bottom formation at H1 timeframe.
Look for short term buy opportunity at around 77.50, stop loss around 75.00, take profit around 82.00.
Look for short term buy opportunity at around 77.50, stop loss around 75.00, take profit around 82.00.