Market Analysis of CRUDE OIL on Monday 24 October 2022

2022-10-24 09:54Source:BtcDana

Crude Oil (WTI)‎ (Z2)‎ Intraday: intraday support around 83.85.

 

Pivot:

83.85

 

Our preference:

Long positions above 83.85 with targets at 86.40 & 87.10 in extension.

 

Alternative scenario:

Below 83.85 look for further downside with 83.20 & 82.30 as targets.

 

Comment:

The RSI calls for a rebound.

https://asset.onetrader.online/upload/file/1666540800000/1666576489256.png

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