Under Pressure
Our Pivot: 62.00
Our Preference: Short Sell WTI below 61.30 with strict stop loss of 62.00 and profit target at 60.35 with extension towards 59.90.
Alternate Scenario: Upward penetration of 62.00 will call for 62.60 and 63.10.
NOTE: WTI is moving downward for expansion of its latest bearish correction.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.