WTI Crude Oil Intra-day Analysis 16 June 2020

Further Advance

Our Pivot:36.24

Our Preference: Buy above 36.84 with strict stop loss of 36.24 and target at 37.98 and 38.57.

Alternate Scenario: Downward penetration of 36.24 will call for 35.36.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.