(03 AUGUST 2018)Crude Oil (WTI):Further advance.

(03 AUGUST 2018)Crude Oil (WTI):Further advance.

3 August 2018, 09:51
Jiming Huang
0
59

oil

Pivot (invalidation): 68.40

Our preference

Long positions above 68.40 with targets at 69.35 & 69.90 in extension.

Alternative scenario

Below 68.40 look for further downside with 68.00 & 67.40 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)