WTI Crude Oil Intra-day Analysis 31 Aug 2020

Further Advance

Our Pivot:42.74

Our Preference: Buy above 42.96 with strict stop loss of 42.74 and target at 43.41 and 43.60.

Alternate Scenario: Downward penetration of 42.74 will call for 42.37.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.