WTI Crude Oil Intra-day Analysis 22nd Feb. 2021
Under Pressure
Our Pivot: 60.90
Our Preference: Short sell as long as WTI is trading below 60.30 with strict stop loss of 60.90 and profit target at 59.30 with extension towards 58.75.
Alternate Scenario: Upward penetration of 60.90 will call for 61.65.
NOTE: WTI is trying to penetrate above a resistant trend line to create a cheat pattern.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 6.6693 | 6.6735 | 6.6989 | 6.5252 |
| USOil | 93.634 | 93.668 | 93.417 | 90.138 |
| UKOil | 95.981 | 96.041 | 96.074 | 92.805 |
| NGAS | 3.1595 | 3.1715 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4486.83 | 4487.13 | 4541.66 | 4463.03 |
| XAGUSD | 75 | 75.328 | 77.178 | 74.326 |