WTI Crude Oil Evening Analysis 30 Oct 2019

Further Advance

Our Pivot:54.25

Our Preference: Buy above 54.98 with strict stop loss of 54.25 and target at 56.19 and 56.76.

Alternate Scenario: Downward penetration of 54.25 will call for 53.29.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.