WTI Crude Oil Intra-day Analysis 20 July 2020

Further Advance

Our Pivot:40.07

Our Preference: Buy above 40.38 with strict stop loss of 40.07 and target at 40.99 and 41.28.

Alternate Scenario: Downward penetration of 40.07 will call for 39.64.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.