WTI Crude Oil Mid-day Analysis 22 Aug 2019

Further Advance

Our Pivot:55.11

Our Preference: Buy above 55.62 with strict stop loss of 55.11 and target at 56.51 and 57.08.

Alternate Scenario: Downward penetration of 55.11 will call for 54.39.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.