Market Analysis of CRUDE OIL on Friday 14 October 2022

2022-10-14 09:56Source:BtcDana

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

 

Pivot:

88.00

 

Our preference:

Long positions above 88.00 with targets at 90.00 & 91.25 in extension.

 

Alternative scenario:

Below 88.00 look for further downside with 86.80 & 85.55 as targets.

 

Comment:

The next resistances are at 90.00 and then at 91.25.

https://asset.onetrader.online/upload/file/1665676800000/1665712599368.png

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