Market Analysis of CRUDE OIL on Thursday 1 September 2022

2022-09-01 09:55Source:BtcDana

Crude Oil (WTI)‎ (V2)‎ Intraday: under pressure.

 

Pivot:

90.55

 

Our preference:

Short positions below 90.55 with targets at 88.25 & 87.30 in extension.

 

Alternative scenario:

Above 90.55 look for further upside with 91.80 & 92.70 as targets.

 

Comment:

The RSI is bearish and calls for further downside.

https://asset.onetrader.online/upload/file/1661961600000/1661997340639.png

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