| Trade Idea Crude Oil (Aug 12) intraday: further upside. |
Pivot: 87.00
Our Preference: LONG positions above 87 with targets @ 88.75 & 90.15. Alternative scenario: The downside breakout of 87 will open the way to 86.35 & 85.5. Comment: the RSI is mixed and calls for caution. |
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Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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