WTI Crude Oil Intra-day Analysis 06 July 2020

Further Advance

Our Pivot:39.85

Our Preference: Buy above 40.27 with strict stop loss of 39.85 and target at 40.94 and 41.37.

Alternate Scenario: Downward penetration of 39.85 will call for 39.19.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.