BtcDana Account
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Standard Account
Suitable for traders seeking a traditional and straightforward trading experience with competitive floating spreads as low as zero pips.
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Crude Oil (WTI) (Z4) Intraday: key resistance at 70.85.
Pivot:
70.85
Our preference:
Short positions below 70.85 with targets at 69.85 & 69.40 in extension.
Alternative scenario:
Above 70.85 look for further upside with 71.30 & 71.80 as targets.
Comment:
The break below the support at 70.85 triggered a bearish acceleration to the support at 69.85.
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