WTI Crude Oil Evening Analysis 22 Oct 2019

Further Advance

Our Pivot:53.16

Our Preference: Buy above 53.74 with strict stop loss of 53.16 and target at 54.58 and 54.91.

Alternate Scenario: Downward penetration of 53.16 will call for 52.48.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.