Under Pressure
Our Pivot: 48.60
Our Preference: Short sell below 48.30 with strict stop loss of 48.60 and profit target at 47.75 with extension towards 47.30.
Alternate Scenario: Upward penetration of 48.60 will call for 49.10.
NOTE: WTI is being capped by a descending trend line.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.