Crude Oil (WTI) (X4) Intraday: bullish bias above 74.90.

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2024-10-11 17:19Source:TC

Pivot: 74.90

Our preference: long positions above 74.90 with targets at 77.10 & 77.80 in extension.

Alternative scenario: below 74.90 look for further downside with 74.30 & 73.50 as targets.

Comment: the next resistances are at 77.10 and then at 77.80.

Supports and resistances:

78.45

77.80

77.10

75.96 Last

74.90

74.30

73.50

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-11-2024 at 17:19 UTC+1

Price reference: 75.96 last known on 10-11-2024 at 17:19 UTC+1

Investment horizon: INTRADAY

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