(23 AUGUST 2018)Crude Oil (WTI):Further advance.

(23 AUGUST 2018)Crude Oil (WTI):Further advance.

23 August 2018, 09:36
Jiming Huang
0
53

oil

Pivot (invalidation): 67.25

Our preference

Long positions above 67.25 with targets at 68.50 & 68.90 in extension.

Alternative scenario

Below 67.25 look for further downside with 66.80 & 66.40 as targets.

Comment

The RSI is supported by a bullish trend line

(By Swissquote TRADING CENTRAL) 

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