WTI Crude Oil Intra-day Analysis 18th Feb. 2021

• 2021-02-18 20:49:33
• 28 Comments
• 72 Views
• commodities
• Maier Noor

Turning Down

Our Pivot: 62.60

Our Preference: Short sell below 61.95 with strict stop loss of 62.60 and profit target at 60.90 with extension towards 60.25.

Alternate Scenario: Upward penetration of 62.60 will call for 63.35.

NOTE: WTI is moving in a bullish price channel but right now it heading fro correction after a bearish engulfing on hourly chart.

Chart with supports & resistances:

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3

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