(23 September 2020)Crude Oil (WTI) Target 38.50.

Pivot
 (invalidation): 40.00
Our preference
Short positions below 40.00 with targets at 38.85 & 38.50 in extension.
Alternative scenario
Above 40.00 look for further upside with 40.25 & 40.55 as targets.
Comment
The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)