(11 APRIL 2019)Crude Oil (WTI):Supported by a rising trend line.
Analytics & Forecasts

(11 APRIL 2019)Crude Oil (WTI):Supported by a rising trend line.

11 April 2019, 10:06
Jiming Huang
Jiming Huang
0
59

oi

Pivot (invalidation): 64.15

Our preference

Long positions above 64.15 with targets at 64.75 & 65.20 in extension.

Alternative scenario

Below 64.15 look for further downside with 63.85 & 63.70 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.


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#Crude Oil (WTI)