WTI Crude Oil Medium-Term Trading View DATE: 03-02-2024

Ram Ram Bhai.

WTI Crude Oil Medium-Term Trading View: as per our last week’s prediction, OIL made high $79.18 and not able to trade above our resistance level of $ 79.70. last week we had seen heavy selling pressure in Oil from $79.14 to $71.73 and we got weekly close ($72.32).

Now Question is what’s Next ?

as per Technical chart it’s open for $70.40 and trade below $70 means more down fall possible up to next support level of $67.50 and upside level is $74.20 but trading above $74.40 means more power possible up to $75.70-$77.00…

Chandan Singh

this is Chandan Singh from India. research technical analyst in financial market and helping investor or traders to generate knowleage with profit from financial market with having 17 years of experience!