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Crude Oil (WTI) may rise to 69.90 - 70.65
WTI Light Crude Oil
Long
Crude Oil (WTI) may rise to 69.90 - 70.65
By Daniel_Thompson
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Oct 31
3
Oct 31
Pivot
67.85
Our preference
Long positions above 67.85 with targets at 69.90 & 70.65 in extension.
Alternative scenario
Below 67.85 look for further downside with 67.25 & 66.70 as targets.
Comment
The RSI is bullish and calls for further upside.
Supports and resistances
71.35
70.65
69.90
68.94 Last
67.85
67.25
66.70
Number of asterisks represents the strength of support and resistance levels.
Fundamental Analysis
Technical Indicators
Wave Analysis
Daniel_Thompson
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