Market Analysis of CRUDE OIL on Monday 3 October 2022

2022-10-03 10:00Source:BtcDana

Crude Oil (WTI)‎ (X2)‎ Intraday: turning up.

 

Pivot:

80.35

 

Our preference:

Long positions above 80.35 with targets at 82.90 & 83.90 in extension.

 

Alternative scenario:

Below 80.35 look for further downside with 79.20 & 78.00 as targets.

 

Comment:

The RSI shows upside momentum.

https://asset.onetrader.online/upload/file/1664726400000/1664762479946.png

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