WTI Crude Oil Mid-day Analysis 06 Aug 2019

Further Advance

Our Pivot:54.00

Our Preference: Buy above 54.58 with strict stop loss of 54.00 and target at 55.83 and 56.54.

Alternate Scenario: Downward penetration of 54.00 will call for 53.25.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.