WTI Light Crude OilShort
Crude Oil (WTI) (Z3) Intraday May fall -2.62 %
Pivot: 77.40
Our preference:
short positions below 77.40 with targets at 75.20 & 74.00 in extension.
Alternative scenario:
above 77.40 look for further upside with 78.10 & 78.70 as targets.
Comment:
the RSI calls for a new downleg.
Our preference:
short positions below 77.40 with targets at 75.20 & 74.00 in extension.
Alternative scenario:
above 77.40 look for further upside with 78.10 & 78.70 as targets.
Comment:
the RSI calls for a new downleg.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.