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:
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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 | 6.7123 | 6.7165 | 6.7435 | 6.6866 |
| USOil | 86.572 | 86.606 | 87.098 | 86.132 |
| UKOil | 91.179 | 91.239 | 91.611 | 90.694 |
| NGAS | 2.9326 | 2.9446 | 2.9491 | 2.9085 |
| WHEATF | 772.21 | 773.31 | 780.18 | 766.69 |
| XAUUSD | 4434.05 | 4434.35 | 4461.7 | 4424.65 |
| XAGUSD | 66.525 | 66.847 | 67.238 | 65.929 |