(25 August 2020)Crude Oil (WTI) Rebound expected.

(25 August 2020)Crude Oil (WTI) Rebound expected.

25 August 2020, 09:28
Jiming Huang
0
85

oi
Pivot
 (invalidation): 42.30
Our preference
Long positions above 42.30 with targets at 42.75 & 42.95 in extension.
Alternative scenario
Below 42.30 look for further downside with 42.05 & 41.75 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)


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