WTI Crude Oil Intra-day Analysis 04 Nov 2019

Further Advance

Our Pivot:55.20

Our Preference: Buy above 55.62 with strict stop loss of 55.20 and target at 56.66 and 57.20.

Alternate Scenario: Downward penetration of 55.20 will call for 54.60.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.