WTI Crude Oil Intra-day Analysis 6th Apr. 2021

Under Pressure

Our Pivot: 60.30

Our Preference: Short Sell WTI below 59.50 with strict stop loss of 60.30 and profit target at 58.60 with extension towards 57.65.

Alternate Scenario: Upward penetration of 60.30 will call for 61.12.

NOTE: WTI is moving downward after facing rejection from an ascending trend line.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

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