WTI Crude Oil Evening Analysis 17 Feb 2020

Further Advance

Our Pivot:51.38

Our Preference: Buy above 51.84 with strict stop loss of 51.38 and target at 52.49 and 52.85.

Alternate Scenario: Downward penetration of 51.38 will call for 50.78.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.