Further Advance
Our Pivot: 41.00
Our Preference: Start buying WTI above 41.47 with strict stop loss of 41.00 and profit target at 42.20 with extension towards 42.35.
Alternate Scenario: Downward penetration of 41.00 will call for 40.65 and 40.45.
NOTE: WTI is in expansion mode of its last bullish correction, mean while its getting support from a rising trend line.
Chart with supports & resistances:
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