WTI Crude Oil Evening Analysis 06 Nov 2019

Further Advance

Our Pivot:56.27

Our Preference: Buy above 57.06 with strict stop loss of 56.27 and target at 58.33 and 59.13.

Alternate Scenario: Downward penetration of 56.27 will call for 55.19.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.