(02 December 2020)Crude Oil (WTI) Under pressure.

(02 December 2020)Crude Oil (WTI) Under pressure.

2 December 2020, 11:45
Jiming Huang
0
68

oi
Pivot
 (invalidation): 44.70
Our preference
Short positions below 44.70 with targets at 43.70 & 43.30 in extension.
Alternative scenario
Above 44.70 look for further upside with 45.15 & 45.70 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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