(05 September 2019 )rude Oil (WTI) The upside prevails.

(05 September 2019 )rude Oil (WTI) The upside prevails.

5 September 2019, 10:59
Jiming Huang
0
62

oi
Pivot
 (invalidation): 55.80
Our preference
Long positions above 55.80 with targets at 56.90 & 57.30 in extension.
Alternative scenario
Below 55.80 look for further downside with 55.35 & 55.05 as targets.
Comment
The RSI is bullish and calls for further advance.

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