After the Iran-U.S. conflict came to an end, oil prices faced a sharp decline as geopolitical risk premium quickly faded from the market.
However, after such a strong drop, the market often creates short-term technical rebound opportunities. Today, I focused on that setup rather than chasing further downside.
The key point was simple: when a major event-driven sell-off becomes too aggressive, traders often look for a temporary bounce before the next clear direction appears.
From a trading perspective, oil is now entering an important zone where price action matters more than headlines. If buyers defend the current area, a short-term rebound could continue. But if selling pressure returns, the broader bearish momentum may resume.
Today’s strategy: watching the technical rebound after the sharp decline.
