TheConcierge
Long

USOIL Intraday

FX:USOIL   Crude Oil (WTI)
Pivot: 44.40

Most Likely Scenario: long positions above 44.40 with targets @ 46.00 & 46.90 in extension.

Alternative scenario: below 44.40 look for further downside with 43.85 & 43.30 as targets.

Comment: a support base at 44.40 has formed and has allowed for a temporary stabilisation.

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