Crude oil forecast price target 72 | Qexchange340

USAOIL buying momentum 

Hello traders and investors, I will analyze crude oil. In the previous forecast I had said that the price of crude oil will go down if our order block breaks out, we will see a selloff. But the order block did not break out.

 

 The market respected this orderblock and went up from here. Now there are more chances that the market will go up to the price of 72. So, just look for a little retracement in the H1 time frame and buy.

Intraday trading entry

 The price is currently trading at the level of 68.. And if you want to do intraday trading, you can make an entry in the H1 or 15-minute time frame for buying.