Market Analysis of CRUDE OIL on Tuesday 27 September 2022

2022-09-27 09:52Source:BtcDana

Crude Oil (WTI)‎ (X2)‎ Intraday: the downside prevails.

 

Pivot:

78.20

 

Our preference:

Short positions below 78.20 with targets at 75.80 & 74.50 in extension.

 

Alternative scenario:

Above 78.20 look for further upside with 79.50 & 80.40 as targets.

 

Comment:

The RSI is mixed with a bearish bias.

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