Crude Oil (WTI) (F3) Intraday: expect 82.40.
Pivot:
78.70
Our preference:
Long positions above 78.70 with targets at 81.20 & 82.40 in extension.
Alternative scenario:
Below 78.70 look for further downside with 77.60 & 75.20 as targets.
Comment:
The RSI is bullish and calls for further upside.
This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading Central and BTCDana & Forexdana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.