Crude Oil (WTI) may rise to 103.50 - 104.65
Our preference
Long positions above 101.50 with targets at 103.50 & 104.65 in extension.
Alternative scenario
Below 101.50 look for further downside with 99.80 & 98.70 as targets.
Comment
The break above 101.50 is a positive signal that has opened a path to 103.50.
Our preference
Long positions above 101.50 with targets at 103.50 & 104.65 in extension.
Alternative scenario
Below 101.50 look for further downside with 99.80 & 98.70 as targets.
Comment
The break above 101.50 is a positive signal that has opened a path to 103.50.