WTI Crude Oil Intra-day Analysis 4th Mar. 2021

• 2021-03-04 20:36:59
• 28 Comments
• 71 Views
• commodities
• Maier Noor

Caution

Our Pivot: 62.70

Our Preference: Short Sell WTI above 62.00 with strict stop loss of 62.70 and profit target at 61.00 with extension towards 60.20

Alternate Scenario: Upward penetration of 62.70 will call for 63.30 and 63.80.

NOTE: WTI is being capped by neckline of its previous head and shoulder on hourly chart.

Chart with supports & resistances:

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