WTI Crude Oil Intra-day Analysis 05 Aug 2020

Further Advance

Our Pivot:40.91

Our Preference: Buy above 41.37 with strict stop loss of 40.91 and target at 42.23 and 42.53.

Alternate Scenario: Downward penetration of 40.91 will call for 40.17.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.