Further Advance
Our Pivot: 41.00
Our Preference: Start buying above 41.45 and average it out till 41.30 with strict stop loss of 41.00 and profit target at 41.88 with extension towards 42.15.
Alternate Scenario: Downward penetration of 41.00 will call for 40.75 and 40.50.
NOTE: WTI is caged in a descending wedge on longer timer frame and right now its moving upward to complete expansion of its last correction.
Chart with supports & resistances:
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