Market Analysis of CRUDE OIL on Thursday 10 November 2022

2022-11-10 09:48Source:BtcDana

Crude Oil (WTI)‎ (Z2)‎ Intraday: the downside prevails.

 

Pivot:

87.80

 

Our preference:

Short positions below 87.80 with targets at 84.30 & 83.20 in extension.

 

Alternative scenario:

Above 87.80 look for further upside with 88.80 & 89.70 as targets.

 

Comment:

The RSI shows downside momentum.

https://asset.onetrader.online/upload/file/1668009600000/1668044920323.png

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