Market Analysis of CRUDE OIL on Friday 2 September 2022

2022-09-02 09:55Source:BtcDana

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

 

Pivot:

88.30

 

Our preference:

Short positions below 88.30 with targets at 85.50 & 84.40 in extension.

 

Alternative scenario:

Above 88.30 look for further upside with 90.20 & 91.50 as targets.

 

Comment:

Technically the RSI is below its neutrality area at 50.

https://asset.onetrader.online/upload/file/1662048000000/1662083745427.png

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