Market Analysis of CRUDE OIL on Monday 19 September 2022

2022-09-19 09:56Source:BtcDana

Crude Oil (WTI)‎ (X2)‎ Intraday: intraday support around 84.35.

 

Pivot:

84.35

 

Our preference:

Long positions above 84.35 with targets at 86.20 & 87.10 in extension.

 

Alternative scenario:

Below 84.35 look for further downside with 83.10 & 82.20 as targets.

 

Comment:

A support base at 84.35 has formed and has allowed for a temporary stabilisation.

https://asset.onetrader.online/upload/file/1663516800000/1663552625442.png

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