WTI Crude Oil Intra-day Analysis 06 July 2020

Further Advance

Our Pivot:40.00

Our Preference: Buy above 40.48 with strict stop loss of 40.00 and target at 41.21 and 41.60.

Alternate Scenario: Downward penetration of 40.00 will call for 39.19.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.