WTI Crude Oil Mid-day Analysis 06 Feb 2020

Further Advance

Our Pivot:50.39

Our Preference: Buy above 50.98 with strict stop loss of 50.39 and target at 52.10 and 52.69.

Alternate Scenario: Downward penetration of 50.39 will call for 49.67.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.