Market Analysis of CRUDE OIL on Wednesday 26 October 2022

2022-10-26 09:51Source:BtcDana

Crude Oil (WTI)‎ (Z2)‎ Intraday: range.

 

Pivot:

84.30

 

Our preference:

Long positions above 84.30 with targets at 85.55 & 86.00 in extension.

 

Alternative scenario:

Below 84.30 look for further downside with 83.60 & 83.10 as targets.

 

Comment:

Intraday technical indicators are mixed.

https://asset.onetrader.online/upload/file/1666713600000/1666749138051.png

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