Further Advance
Our Pivot: 42.00
Our Preference: Buy above 42.50 with strict stop loss of 42.00 and profit target at 43.00 with extension towards 43.30.
Alternate Scenario: Downward penetration of 42.00 will call for 41.60.
NOTE: WTI Crude oil is moving in a bullish price channel and prices are going to target resistant trend line of this cahnnel.
Chart with supports & resistances:
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