28-03-2025 12:55 via litefinance.org

WTI Crude Oil: Elliott Wave Analysis and Forecast for 28.03.25 – 04.04.25

Major Takeaways Main scenario: Consider short positions from corrections below the level of 73.20 with a target of 65.00 – 61.50. A sell signal: the price holds below 73.20. Stop Loss: above 74.00, Take Profit: 65.00 – 61.50. Alternative scenario: Breakout and consolidation above the level of 73.20 will allow the asset to continue rising to the levels of 80.70 – 87.40. A buy signal: the level of 73.20 is broken to the upside. Stop Loss: below 72.30, Take Profit: 80.70 – 8
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