WTI Crude Oil Intra-day Analysis 3rdFeb. 2021

• 2021-02-03 17:09:36
• 28 Comments
• 74 Views
• commodities
• Maier Noor

Turning Down

Our Pivot: 55.30

Our Preference: Short sell below 53.00 with strict stop loss of 55.30 and profit target at 54.55 with extension towards 54.30.

Alternate Scenario: Upward penetration of 55.30 will call for 56.10.

NOTE: WTI is being capped by a descending trend line on hourly chart which would push it towards an intraday correction but overall sentiment is still bullish.

Chart with supports & resistances:

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

• ← Previous Post
• Next Post →

---

---