crude oil pre Eauropean open

17 February 2016, 08:59
Mohammed Abdulwadud Soubra
0
96
Crude Oil (WTI) (H6) Intraday: turning down.

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Pivot: 30.25

Most Likely Scenario: short positions below 30.25 with targets @ 28.30 & 27.40 in extension.

Alternative scenario: above 30.25 look for further upside with 31.50 & 32.50 as targets.

Comment: the RSI is mixed to bearish.
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