(20 November 2020)Crude Oil (WTI) Look for 42.65.

(20 November 2020)Crude Oil (WTI) Look for 42.65.

20 November 2020, 11:56
Jiming Huang
0
79

poi
Pivot
 (invalidation): 41.55
Our preference
Long positions above 41.55 with targets at 42.15 & 42.65 in extension.
Alternative scenario
Below 41.55 look for further downside with 41.25 & 40.80 as targets.
Comment
The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)