Crude Oil (WTI) may fall to 105.10 - 106.60
Our preference
Short positions below 110.90 with targets at 106.60 & 105.10 in extension.
Alternative scenario
Above 110.90 look for further upside with 113.00 & 115.50 as targets.
Comment
As long as 110.90 is resistance, look for choppy price action with a bearish bias.
Our preference
Short positions below 110.90 with targets at 106.60 & 105.10 in extension.
Alternative scenario
Above 110.90 look for further upside with 113.00 & 115.50 as targets.
Comment
As long as 110.90 is resistance, look for choppy price action with a bearish bias.