Crude Oil (WTI) may rise to 79.95 - 80.40
Pivot
78.75
Our preference
Long positions above 78.75 with targets at 79.95 & 80.40 in extension.
Alternative scenario
Below 78.75 look for further downside with 78.30 & 77.80 as targets.
Comment
The next resistances are at 79.95 and then at 80.40.
Supports and resistances
80.95
80.40
79.95
79.30 Last
78.75
78.30
77.80
Number of asterisks represents the strength of support and resistance levels.
78.75
Our preference
Long positions above 78.75 with targets at 79.95 & 80.40 in extension.
Alternative scenario
Below 78.75 look for further downside with 78.30 & 77.80 as targets.
Comment
The next resistances are at 79.95 and then at 80.40.
Supports and resistances
80.95
80.40
79.95
79.30 Last
78.75
78.30
77.80
Number of asterisks represents the strength of support and resistance levels.
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