Market Analysis of CRUDE OIL on Thursday 27 October 2022

2022-10-27 09:52Source:BtcDana

Crude Oil (WTI)‎ (Z2)‎ Intraday: aim @ 90.10.

 

Pivot:

87.10

 

Our preference:

Long positions above 87.10 with targets at 89.30 & 90.10 in extension.

 

Alternative scenario:

Below 87.10 look for further downside with 85.90 & 85.00 as targets.

 

Comment:

The RSI shows upside momentum.

https://asset.onetrader.online/upload/file/1666800000000/1666835592219.png

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