Oil

Trade Idea Crude Oil (Oct 12) intraday: bounce.

Pivot: 96.10 Our Preference: LONG positions above 96.1 with 97.7 & 98.25 as next targets. Alternative scenario: The downside breakout of 96.1 will open the way to 95.3 & 94.95. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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