OIL

Trade Idea Crude Oil (Oct 12) intraday: the downside prevails.

Pivot: 97.30 Our Preference: SHORT positions below 97.3 with 95.3 & 94.95 in sight. Alternative scenario: The upside penetration of 97.3 will call for a rebound towards 98.25 & 98.6. Comment: the break below 97.3 is a negative signal that has opened a path to 95.3.

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. Visit Us www.deryworldscorp.web.id