WTI Crude Oil Evening Analysis 19 Feb 2020

Further Advance

Our Pivot:52.18

Our Preference: Buy above 52.61 with strict stop loss of 52.18 and target at 53.46 and 53.86.

Alternate Scenario: Downward penetration of 52.18 will call for 51.59.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.