WTI crude oil ?
$Light Crude Oil - Oct 2021(CL2110)$
(WTI) (V1) intraday: bullish bias above 69.20.
Pivot point (invalidation level): 69.2
Our preference: Long positions above 69.20 with targets at 70.60 and 71.20 in extension.
Alternative scenario: Below 69.20, look for a greater indication of a decline (or fall) with 68.50 and 67.85 as targets.
Technical comment: The break above 69.20 is a positive sign that has paved a path towards 70.60.
Let’s go oil. See you there.[Miser] [Miser] [Miser] [Miser] [Grin] [Grin]
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