(11 August 2020)Crude Oil (WTI) Look for 42.95.

(11 August 2020)Crude Oil (WTI) Look for 42.95.

11 August 2020, 09:24
Jiming Huang
0
90

oi
Pivot
 (invalidation): 41.75
Our preference
Long positions above 41.75 with targets at 42.65 & 42.95 in extension.
Alternative scenario
Below 41.75 look for further downside with 41.40 & 41.05 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)


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