WTI Crude Oil Evening Analysis 06 Aug 2019

Further Advance

Our Pivot:54.22

Our Preference: Buy above 54.83 with strict stop loss of 54.22 and target at 55.83 and 56.54.

Alternate Scenario: Downward penetration of 54.22 will call for 53.25.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.