$CL Crude oil is gaining momentum as Strait of Hormuz tensions raise supply concerns. WTI crude recently climbed above $100 per barrel amid escalating attacks on regional shipping. However, I couldn't independently verify the specific claim that a U.S.-escorted tanker carrying 2 million barrels exploded.
Financial Times +1
Bias: LONG — on a confirmed pullback.
Entry: $98.50 – $99.50
TP1: $101.00
TP2: $103.00
TP3: $106.00
SL: $96.80
Confirmation: Holding above $98.50 supports the bullish setup. A break below $96.80 invalidates it.
Geopolitical headlines can trigger sudden reversals. These levels are provisional and based on your screenshot's price of $99.41, not a verified live quote. Don't chase a sudden spike.
Financial Times +1
Bias: LONG — on a confirmed pullback.
Entry: $98.50 – $99.50
TP1: $101.00
TP2: $103.00
TP3: $106.00
SL: $96.80
Confirmation: Holding above $98.50 supports the bullish setup. A break below $96.80 invalidates it.
Geopolitical headlines can trigger sudden reversals. These levels are provisional and based on your screenshot's price of $99.41, not a verified live quote. Don't chase a sudden spike.