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Tuesday, June 08, 2021

WTI Oil : 73.75-76 level possible short term target ?

WTI Oil : 73.75-76 level possible short term target ?

WTI CRUDE OIL TVC:USOIL

Seems like a clear upside break out with a short term support near 67 handle ( previous resistance) + SSI is around 30% on an average

Trend : Bullish
Signal : Buy @ 68.50 (weekly pivot ) , Buy limits above 64.25 - 66.00 (Supports)
Strategy : Split positions
Target : 73.75 - 76 Handle
Stop Loss : Manual close / Parallel position below 64



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