WTI Crude Oil Evening Analysis 27 Jan 2020

Further Advance

Our Pivot:51.61

Our Preference: Buy above 52.26 with strict stop loss of 51.61 and target at 53.71 and 54.50.

Alternate Scenario: Downward penetration of 51.61 will call for 50.45.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.