Market Analysis of CRUDE OIL on Tuesday 8 November 2022

2022-11-08 09:46Source:BtcDana

Crude Oil (WTI)‎ (Z2)‎ Intraday: intraday support around 91.55.

 

Pivot:

91.55

 

Our preference:

Long positions above 91.55 with targets at 92.80 & 93.70 in extension.

 

Alternative scenario:

Below 91.55 look for further downside with 91.10 & 90.40 as targets.

 

Comment:

A support base at 91.55 has formed and has allowed for a temporary stabilisation.

https://asset.onetrader.online/upload/file/1667836800000/1667872032265.png

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