Contributors Technical Analysis Crude Oil Bullish Bias Above 23.35

Crude Oil Bullish Bias Above 23.35

Pivot (invalidation): 23.35

Our preference Long positions above 23.35 with targets at 26.10 & 27.00 in extension.

Alternative scenario Below 23.35 look for further downside with 22.55 & 21.60 as targets.

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version