Market Analysis of CRUDE OIL on Tuesday 15 November 2022

2022-11-15 09:50Source:BtcDana

Crude Oil (WTI)‎ (Z2)‎ Intraday: key resistance at 86.70.

 

Pivot:

86.70

 

Our preference:

Short positions below 86.70 with targets at 84.30 & 83.60 in extension.

 

Alternative scenario:

Above 86.70 look for further upside with 87.50 & 88.40 as targets.

 

Comment:

The RSI has broken down its 30 level.

https://asset.onetrader.online/upload/file/1668441600000/1668477054808.png

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