| Trade Idea Crude Oil (Sep 12) intraday: under pressure. |
Pivot: 88.75
Our Preference: SHORT positions below 88.75 with targets @ 86.8 & 86.1. Alternative scenario: The upside penetration of 88.75 will call for 89.6 & 90.3. Comment: the RSI is below its neutrality area at 50% |
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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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