Market Analysis of CRUDE OIL on Friday 23 September 2022

2022-09-23 09:54Source:BtcDana

Crude Oil (WTI)‎ (X2)‎ Intraday: under pressure.

 

Pivot:

84.40

 

Our preference:

Short positions below 84.40 with targets at 82.40 & 81.80 in extension.

 

Alternative scenario:

Above 84.40 look for further upside with 85.50 & 86.65 as targets.

 

Comment:

The RSI is below its neutrality area at 50%

https://asset.onetrader.online/upload/file/1663862400000/1663898112311.png

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