Under Pressure
Our Pivot: 65.00
Our Preference: Short sell WTI below 64.35 with strict stop loss of 65.00 and profit target at 63.60 with extension towards 63.13.
Alternate Scenario: Upward penetration of 65.00 will call for 65.40.
NOTE: WTI is moving in a descending price channel and getting resistance from resistant trend line of said channel.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.