WTI Crude Oil Intra-day Analysis 17 Aug 2020

Further Advance

Our Pivot:41.73

Our Preference: Buy above 42.07 with strict stop loss of 41.73 and target at 42.87 and 43.21.

Alternate Scenario: Downward penetration of 41.73 will call for 41.20.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.