![(20 AUGUST 2018)Crude Oil (WTI):Bullish bias above 65.50. (20 AUGUST 2018)Crude Oil (WTI):Bullish bias above 65.50.](https://c.mql5.com/6/811/splash-720436.jpg)
(20 AUGUST 2018)Crude Oil (WTI):Bullish bias above 65.50.
20 August 2018, 09:44
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
68
Pivot (invalidation): 65.50
Our preference
Long positions above 65.50 with targets at 66.10 & 66.40 in extension.
Alternative scenario
Below 65.50 look for further downside with 64.80 & 64.45 as targets.
Comment
A support base at 65.50 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)