(19 November 2020)Crude Oil (WTI) Expect 41.10.

(19 November 2020)Crude Oil (WTI) Expect 41.10.

19 November 2020, 11:56
Jiming Huang
0
77

oi
Pivot
 (invalidation): 42.20
Our preference
Short positions below 42.20 with targets at 41.45 & 41.10 in extension.
Alternative scenario
Above 42.20 look for further upside with 42.65 & 43.00 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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