Market Analysis of CRUDE OIL on Thursday 20 October 2022

2022-10-20 09:49Source:BtcDana

Crude Oil (WTI)‎ (Z2)‎ Intraday: intraday support around 83.40.

 

Pivot:

83.40

 

Our preference:

Long positions above 83.40 with targets at 85.50 & 86.60 in extension.

 

Alternative scenario:

Below 83.40 look for further downside with 82.20 & 81.30 as targets.

 

Comment:

The next resistances are at 85.50 and then at 86.60.

https://asset.onetrader.online/upload/file/1666195200000/1666230581547.png

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