Trade Idea Crude Oil (Aug 12) intraday: the bias remains bullish. |
Pivot: 89.30
Our Preference: LONG positions above 89.3 with targets @ 91.2 & 92.5. Alternative scenario: The downside penetration of 89.3 will call for a slide towards 88.05 & 87.35. Comment: supported by a rising trend line. |
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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