USOIL (WTI Crude Oil) : 1Month (Update)

Last Analysis : Well, as we see in the monthly time frame of the US Crude Oil Chart, the price in February finally broke its 13-year downward trend ... After that, it continued to grow well and reached its static resistance level in July 2021, and It failed to defeat it and then rebounded to its broken support level in August. Last month, the price reached to the psychologically and Impostant resistance level which is 77$ ... we have to see if the price can finally break this important 3-year resistance in October or what ...

Now : The Next Targets are 100$ , 110$ & 114$

This analysis is a check of the chart in a monthly time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask .

⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 18.Oct.2021
⚠️(DYOR)