(20 August 2020)Crude Oil (WTI) Look for 42.10.

(20 August 2020)Crude Oil (WTI) Look for 42.10.

20 August 2020, 09:24
Jiming Huang
0
96

oi
Pivot
 (invalidation): 43.15
Our preference
Short positions below 43.15 with targets at 42.40 & 42.10 in extension.
Alternative scenario
Above 43.15 look for further upside with 43.30 & 43.50 as targets.
Comment
The RSI advocates for further downside

(By Swissquote TRADING CENTRAL)