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Forex Market Daily Technical Analysis of CRUDE OIL (WTI)

Daily Pivot Point of CRUDE OIL (WTI) Chart in 30M Time Frame is: 83.05 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 83.05 with first target at 82.10 and second target at 81.70 in extension as take profits.
forex-technical-analisys-pivot-points-chart-CRUDE-OIL-WTI-2024-07-08-8be72.gif

Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of CRUDE OIL (WTI) Sybmol in 30M Time Frame Chart is: 83.05 and Preferred situation is Bearish.

Forex Daily Support and Resistance Lines:

Technical analysis of CRUDE OIL (WTI): Resistance Lines of Day in 30M Time Frame:

  • Resistance Level 3: 83.80
  • Resistance Level 2: 83.45
  • Resistance Level 1: 83.05

Technical analysis of CRUDE OIL (WTI): Support Lines of Day in 30M Time Frame:

  • Support Level 1: 82.10
  • Support Level 2: 81.70
  • Support Level 3: 81.00

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 83.05 with first target at 82.10 and second target at 81.70 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 83.05 with first target at 83.45 and second target at 83.80 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of CRUDE OIL (WTI)

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