(06 AUGUST 2018)Crude Oil (WTI):Turning up.

(06 AUGUST 2018)Crude Oil (WTI):Turning up.

6 August 2018, 10:10
Jiming Huang
0
51

oil

Pivot (invalidation): 68.25

Our preference

Long positions above 68.25 with targets at 69.23 & 69.90 in extension.

Alternative scenario

Below 68.25 look for further downside with 67.85 & 67.40 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL) 

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