WTI Crude Oil Evening Analysis 04 Dec 2019

Further Advance

Our Pivot:56.15

Our Preference: Buy above 56.61 with strict stop loss of 56.15 and target at 57.60 and 58.07.

Alternate Scenario: Downward penetration of 56.15 will call for 55.47.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.