TVC:USOIL   CFDs on WTI Crude Oil

Pivot: 69.40
Our preference:

short positions below 69.40 with targets at 68.95 & 68.60 in extension.
Alternative scenario:

above 69.40 look for further upside with 69.75 & 70.00 as targets.
Comment:

as long as the resistance at 69.40 is not surpassed, the risk of the break below 68.95 remains high.
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