(17 November 2020)Crude Oil (WTI) 42.65 expected.

(17 November 2020)Crude Oil (WTI) 42.65 expected.

17 November 2020, 11:36
Jiming Huang
0
86

oi
Pivot
 (invalidation): 41.00
Our preference
Long positions above 41.00 with targets at 42.20 & 42.65 in extension.
Alternative scenario
Below 41.00 look for further downside with 40.50 & 40.05 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)