WTI Crude Oil Intra-day Analysis 06 June 2020

Further Advance

Our Pivot:38.98

Our Preference: Buy above 39.68 with strict stop loss of 38.98 and target at 40.93 and 41.38.

Alternate Scenario: Downward penetration of 38.98 will call for 38.07.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.