Contributors Technical Analysis Crude Oil Capped By A Negative Trend Line

Crude Oil Capped By A Negative Trend Line

Pivot (invalidation): 54.10

Our preference Short positions below 54.10 with targets at 53.05 & 52.65 in extension.

Alternative scenario Above 54.10 look for further upside with 54.85 & 55.70 as targets.

Comment The RSI is mixed to bearish.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version