Timeframe: 4 Hourr⏰
Strategy: Neutral
WTI crude rose above $76 per barrel, up nearly 6% for the week, driven by ongoing Middle East tensions. Geopolitical events, including an Israeli-Hamas conflict and a US strike in Iraq, influenced prices. Additionally, US gasoline inventories dropped more than expected.
If it fails to sustain above 6300, then crude will be bearish.
Above 6326, bullish
Check above mentioned level before entering in trades.