WTI Crude Oil Intra-day Analysis 05 May 2020

Further Advance

Our Pivot:21.03

Our Preference: Buy above 21.47 with strict stop loss of 21.03 and target at 22.55 and 23.04.

Alternate Scenario: Downward penetration of 21.03 will call for 20.37.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.