(19 August 2020)Crude Oil (WTI) Look for 43.30.

(19 August 2020)Crude Oil (WTI) Look for 43.30.

19 August 2020, 09:15
Jiming Huang
0
97

oi
Pivot
 (invalidation): 42.65
Our preference
Long positions above 42.65 with targets at 43.10 & 43.30 in extension.
Alternative scenario
Below 42.65 look for further downside with 42.40 & 42.10 as targets.
Comment
A support base at 42.65 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


Share it with friends: