Crude Oil (WTI) may rise to 111.00 - 114.10
Pivot
104.60
Our preference
Long positions above 104.60 with targets at 111.00 & 114.10 in extension.
Alternative scenario
Below 104.60 look for further downside with 103.50 & 102.10 as targets.
Comment
The RSI is above its neutrality area at 50%.
Supports and resistances
116.60
114.10
111.00
108.20 Last
104.60
103.50
102.10
Number of asterisks represents the strength of support and resistance levels.
Pivot
104.60
Our preference
Long positions above 104.60 with targets at 111.00 & 114.10 in extension.
Alternative scenario
Below 104.60 look for further downside with 103.50 & 102.10 as targets.
Comment
The RSI is above its neutrality area at 50%.
Supports and resistances
116.60
114.10
111.00
108.20 Last
104.60
103.50
102.10
Number of asterisks represents the strength of support and resistance levels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.