Crude Oil (WTI) (J1) Intraday: the upside prevails

Crude Oil (WTI) (J1) Intraday: the upside prevails.

USOil

Trading Central 2021-02-23 15:28:13

Pivot: 61.50

Our preference: long positions above 61.50 with targets at 63.30 & 64.30 in extension.

Alternative scenario: below 61.50 look for further downside with 60.85 & 60.30 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

65.00

64.30

63.30

62.45 Last

61.50

60.85

60.30

Disclaimer

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