WTI Crude Oil Intra-day Analysis 16 Sep 2020

Further Advance

Our Pivot:38.18

Our Preference: Buy above 38.66 with strict stop loss of 38.18 and target at 39.59 and 40.04.

Alternate Scenario: Downward penetration of 38.18 will call for 37.47.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.