Tanalys

Crude Oil (WTI) (M5) Intraday: bullish bias above 59.1.

Pivot: 59.1

Our preference: Long positions above 59.1 with targets @ 60.55 61.3 in extension.

Alternative scenario: Below 59.1 look for further downside with 58.15 57.3 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

62.6

61.3

60.55

60.2 Last

59.1

58.15

57.3

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version