WTI Crude Oil Intra-day Analysis 16 April 2020

Further Advance

Our Pivot:19.16

Our Preference: Buy above 19.75 with strict stop loss of 19.16 and target at 20.59 and 21.00.

Alternate Scenario: Downward penetration of 19.16 will call for 18.40.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.