Market Analysis of CRUDE OIL on Thursday 8 September 2022

2022-09-08 09:55Source:BtcDana

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

 

Pivot:

83.50

 

Our preference:

Short positions below 83.50 with targets at 80.80 & 80.00 in extension.

 

Alternative scenario:

Above 83.50 look for further upside with 85.10 & 86.50 as targets.

 

Comment:

The RSI has broken down its 30 level.

https://asset.onetrader.online/upload/file/1662566400000/1662602174786.png

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