Tuesday, 1 April 2025

USOIL / WTIOIL / CRUDE OIL Analysis 1-Apr-2025

LTP 71.93

Bull trend started?

Support: 65.30

Resistance: 80.73

As per this chart, Crude bottom might be truncated. So, I expect a trend reversal for more bullish action for the targets above 120 USD.

Long term target for this bull move can be 190$+



Upside small targets: 77, 82, 85, 93, 112, 121+

NOTE: Bull View will be invalidated below 65.30.

Below that, we can see 60.5, 57, 55, 54, 49.

PRIMARY: BULL.

ALT: BEAR.


https://in.tradingview.com/chart/USOIL/IWjOE0NV-USOIL-WTIOIL-CRUDE-OIL-Analysis-1-Apr-2025/

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