Crude Oil (WTI) (F5) Intraday: the bias remains bullish.

Limited Increase
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2024-11-20 02:45Source:TC

Pivot: 68.50

Our preference: long positions above 68.50 with targets at 70.30 & 71.15 in extension.

Alternative scenario: below 68.50 look for further downside with 67.85 & 67.30 as targets.

Comment: the next resistances are at 70.30 and then at 71.15.

Supports and resistances:

72.25

71.15

70.30

69.34 Last

68.50

67.85

67.30

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-20-2024 at 02:45 UTC+1

Price reference: 69.34 last known on 11-20-2024 at 02:45 UTC+1

Investment horizon: INTRADAY

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