(07 September 2020)Crude Oil (WTI) Key resistance at 39.60.

Pivot
 (invalidation): 39.60
Our preference
Short positions below 39.60 with targets at 38.50 & 38.00 in extension.
Alternative scenario
Above 39.60 look for further upside with 40.10 & 40.65 as targets.
Comment
As Long as 39.60 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)