Crude Oil (WTI) (F19) Intraday: the downside prevails. |
Pivot: 54.10
Most likely scenario: short positions below 54.10 with targets at 52.80 & 52.00 in extension. Alternative scenario: above 54.10 look for further upside with 54.80 & 55.30 as targets. Comment: a break below 52.80 would trigger a drop towards 52.00. Crude Oil validated a bearish breakout of triangle pattern. |
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