Market Analysis of Crude Oil on Thursday 2 May 2024

2024-05-02 10:01Sumber:BtcDana

Crude Oil (WTI)‎ (M4)‎ Intraday: towards 77.80.

 

Pivot:

80.30

 

Our preference:

Short positions below 80.30 with targets at 77.80 & 76.90 in extension.

 

Alternative scenario:

Above 80.30 look for further upside with 81.20 & 82.00 as targets.

 

Comment:

The break below 80.30 is a negative signal that has opened a path to 77.80.

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