Further Advance
Our Pivot: 110.20
Our Preference: Start buying WTI above 110.63 with strict stop loss of 110.20 and profit target at 111.30 with extension towards 111.70.
Alternate Scenario: Downward penetration of 110.20 will call for 109.70 and 109.30.
NOTE: WTI is being caged in a triangle and being supported by horizontal supportive regions inside this triangle.
Chart with supports & resistances:
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