![(04 September 2019 )rude Oil (WTI) Towards 55.00. (04 September 2019 )rude Oil (WTI) Towards 55.00.](https://c.mql5.com/6/841/splash-729411.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
Pivot
(invalidation):
53.65
Our preference
Long positions above 53.65 with targets at 54.60 & 55.00 in extension.
Alternative scenario
Below
53.65 look for further downside with 53.25 & 52.85 as targets.
Comment
The RSI is bullish and calls for further upside
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