WTI Crude Oil Intra-day Analysis 17 May 2019

Further Advance

Our Pivot:62.46

Our Preference: Buy above 63.02 with strict stop loss of 62.46 and target at 63.90 and 64.19.

Alternate Scenario: Downward penetration of 62.46 will call for 61.82.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.