(04 October 2019 )Crude Oil (WTI) Capped by a negative trend line.

Pivot
 (invalidation): 52.90
Our preference
Short positions below 52.90 with targets at 51.85 & 51.40 in extension.
Alternative scenario
Above 52.90 look for further upside with 53.25 & 53.60 as targets.
Comment
A break below 51.85 would trigger a drop towards 51.40.

(By Swissquote TRADING CENTRAL)

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