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Analysis

Crude Oil (WTI) may rise to 83.25 - 83.70

BY Trading Central

|4 25, 2024

(M4) Intraday: the bias remains bullish.

 (M4) Intraday: the bias remains bullish.

Pivot

82.40

Our preference

Long positions above 82.40 with targets at 83.25 & 83.70 in extension.

Alternative scenario

Below 82.40 look for further downside with 81.90 & 81.50 as targets.

Comment

The next resistances are at 83.25 and then at 83.70.

Supports and resistances

84.30

83.70

83.25

82.88 Last

82.40

81.90

81.50

Number of asterisks represents the strength of support and resistance levels.

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