Crude Oil (WTI) (G1) Intraday: bullish bias above

Crude Oil (WTI) (G1) Intraday: bullish bias above 53.20.

USOil

Trading Central 2021-01-13 22:22:05

Pivot: 53.20

Our preference: long positions above 53.20 with targets at 54.00 & 54.70 in extension.

Alternative scenario: below 53.20 look for further downside with 52.50 & 52.00 as targets.

Comment: intraday technical indicators are mixed and call for caution.

Supports and resistances:

55.10

54.70

54.00

53.44 Last

53.20

52.50

52.00

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