(20 October 2020)Crude Oil (WTI) Expect 40.25.

(20 October 2020)Crude Oil (WTI) Expect 40.25.

20 October 2020, 09:05
Jiming Huang
0
82

oi
Pivot
 (invalidation): 41.10
Our preference
Short positions below 41.10 with targets at 40.55 & 40.25 in extension.
Alternative scenario
Above 41.10 look for further upside with 41.45 & 41.70 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


Share it with friends: