WTI Crude Oil Evening Analysis 28 Jan 2020

Further Advance

Our Pivot:52.32

Our Preference: Buy above 53.02 with strict stop loss of 52.32 and target at 54.08 and 54.78.

Alternate Scenario: Downward penetration of 52.32 will call for 51.31.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.