WTI Crude Oil Mid-day Analysis 26 Aug 2019

Further Advance

Our Pivot:53.74

Our Preference: Buy above 54.37 with strict stop loss of 53.74 and target at 55.61 and 56.15.

Alternate Scenario: Downward penetration of 53.74 will call for 52.91.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.