(23 JULY 2018)Crude Oil (WTI):Bullish bias above 67.70.

(23 JULY 2018)Crude Oil (WTI):Bullish bias above 67.70.

23 July 2018, 15:06
Jiming Huang
0
44

oil

Pivot (invalidation): 67.70

Our preference

Long positions above 67.70 with targets at 68.90 & 69.15 in extension.

Alternative scenario

Below 67.70 look for further downside with 67.20 & 66.60 as targets.

Comment

A support base at 67.70 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL) 


Share it with friends: