Market Analysis of CRUDE OIL on Wednesday 21 September 2022

2022-09-21 09:54Source:BtcDana

Crude Oil (WTI)‎ (X2)‎ Intraday: key resistance at 84.80.

 

Pivot:

84.80

 

Our preference:

Short positions below 84.80 with targets at 83.00 & 81.75 in extension.

 

Alternative scenario:

Above 84.80 look for further upside with 86.20 & 87.30 as targets.

 

Comment:

The RSI has just struck against its neutrality area at 50% and is reversing down.

https://asset.onetrader.online/upload/file/1663689600000/1663725280063.png

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