WTI Crude Oil Intra-day Analysis 5th Mar. 2021

Caution

Our Pivot: 65.30

Our Preference: Short Sell WTI below 64.65 with strict stop loss of 65.30 and profit target at 63.80 with extension towards 62.90.

Alternate Scenario: Upward penetration of 65.30 will call for 65.67 and 66.10.

NOTE: WTI is capped by a resistant trend line along with a horizontal resistant region.

Chart with supports & resistances:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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