Under Pressure
Our Pivot: 48.80
Our Preference: Short sell below 48.50 with strict stop loss of 48.80 and profit target at 47.85 with extension towards 47.50.
Alternate Scenario: Upward penetration of 48.80 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.