Market Analysis of CRUDE OIL on Monday 5 September 2022

2022-09-05 09:50Source:BtcDana

Crude Oil (WTI)‎ (V2)‎ Intraday: rebound expected.

 

Pivot:

86.60

 

Our preference:

Long positions above 86.60 with targets at 89.60 & 90.20 in extension.

 

Alternative scenario:

Below 86.60 look for further downside with 86.00 & 85.50 as targets.

 

Comment:

The RSI calls for a rebound.

https://asset.onetrader.online/upload/file/1662307200000/1662342647984.png

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