Based on Technical analysis. The Crude Oil is on a STRONG monthly Support. which is too hard to break it.
It has hit the zone already,
zone starts from $72 - and ends $70 - very tight zone.
Whenever there is a retracement we can enter BUY and our TPs are as follow
TP1. 78 USD
TP2. 83 USD
TP3. 94 USD ( we need fundamental support to achieve this target) - ITS A BEAR ZONE!
It has hit the zone already,
zone starts from $72 - and ends $70 - very tight zone.
Whenever there is a retracement we can enter BUY and our TPs are as follow
TP1. 78 USD
TP2. 83 USD
TP3. 94 USD ( we need fundamental support to achieve this target) - ITS A BEAR ZONE!