Rebound Insight
Our Pivot: 73.40
Our Preference: Start buying WTI above 74.00 with strict stop loss of 73.40 and profit target at 75.00 with extension towards 75.90.
Alternate Scenario: Downward penetration of 73.40 will call for 72.80 and 72.25.
NOTE: WTI is being supported by a horizontal supportive region.
Chart with supports & resistances:
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