WTI Crude Oil Intra-day Analysis 04 Aug 2020

Further Advance

Our Pivot:39.75

Our Preference: Buy above 40.45 with strict stop loss of 39.75 and target at 41.53 and 42.05.

Alternate Scenario: Downward penetration of 39.75 will call for 38.66.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.