Crude Oil (WTI) (M5) ST: aim @ 65.30.

High Volatility
2025-04-22 02:52Source:TC

Pivot: 58.00

Our preference: long positions above 58.00 with targets at 65.30 & 68.70 in extension.

Alternative scenario: below 58.00 look for further downside with 53.50 & 50.00 as targets.

Comment: the RSI has broken up its 30 level.

Supports and resistances:

72.20 **

68.70 ***

65.30 ***

62.88 Last

58.00 ***

53.50 ***

50.00 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 04-22-2025 at 02:52 UTC+1

Price reference: 62.88 last known on 04-22-2025 at 02:52 UTC+1

Investment horizon: ST

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