WTI Crude Oil Evening Analysis 07 Oct 2019

Further Advance

Our Pivot:52.60

Our Preference: Buy above 53.24 with strict stop loss of 52.60 and target at 54.26 and 54.72.

Alternate Scenario: Downward penetration of 52.60 will call for 51.81.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.