Further Advance
Our Pivot: 41.20
Our Preference: Buy above 41.50 with strict stop loss of 41.20 and profit target at 42.00 and 42.20.
Alternate Scenario: Downward penetration of 41.20 will call for 41.00 and 40.65.
NOTE: WTI have moved downward to retest breakout of its previous triangle and right now its being supported by a rising trend line.
Chart with supports & resistances:
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