Rebound Insight
Our Pivot: 108.50
Our Preference: Start buying WTI above 109.55 with strict stop loss of 108.50 and profit target at 111.05 with extension towards 111.50.
Alternate Scenario: Downward penetration of 108.50 will call for 107.40.
NOTE: WTI is being supported by a horizontal supportive region and intraday momentum indicators have changed their direction towards bullish side.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.