WTI: Selling opportunity at 38.70

WTI Crude
WTI Crude September Future beat strong resistance at 3780/3800 to target a selling opportunity at 3870/3900, with stops above 3940.
Daily Analysis
WTI Crude shorts at selling opportunity at 3870/3900 target 3840/30 with first support at 3800/3780. A break below 3760 targets 3720/30. Below 3710 look for 3680/70 before support at 3600/3580. A break below 3540 is the next sell signal initially targeting 3460/40.
Selling opportunity at 3870/3900, with stops above 3940. A break higher targets 3985/4000.
Chart
Author

Jason Sen
DayTradeIdeas.co.uk



















