![(16 November 2020)Crude Oil (WTI) Rebound expected. (16 November 2020)Crude Oil (WTI) Rebound expected.](https://c.mql5.com/6/877/splash-741169.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
88
Pivot
(invalidation): 40.10
Our preference
Long positions above 40.10 with targets at 41.05 & 41.55 in extension.
Alternative scenario
Below 40.10 look for further downside with 39.40 & 38.90 as targets.
Comment
The RSI calls for a bounce.
(By Swissquote TRADING CENTRAL)