WTI Crude Oil Intra-day Analysis 06 Aug 2020

Further Advance

Our Pivot:41.53

Our Preference: Buy above 41.94 with strict stop loss of 41.53 and target at 42.72 and 43.09.

Alternate Scenario: Downward penetration of 41.53 will call for 40.96.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.