OIL Forex Analysis for Today, Monday(01-04-2024)

OIL Forex Analysis for Today, Monday(01-04-2024)

OIL Forex Analysis for Today, Monday(01-04-2024)

Check Buying Opportunities in Oil! Descending Triangle Pattern Confirmed

Daily Analysis CLSK

Increasing Oil Prices

The rise in crude oil imports and declining gasoline demand have caused crude oil prices to rise.

Descending Triangle Pattern

Oil has the potential to continue its uptrend with the confirmed formation of a descending triangle pattern on the H4 time frame. Look for buying opportunities as long as the price does not penetrate the support area.

Prediction: STRONG OIL


  • R1 82.45
  • R2 81.22
  • R3 82.97
  • R4 83.58


  • S1 81.22
  • S2 82.45
  • S3 80.52
  • S4 79.91

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