(31 JULY 2018)Crude Oil (WTI):The upside prevails.

(31 JULY 2018)Crude Oil (WTI):The upside prevails.

31 July 2018, 09:32
Jiming Huang
0
59

oil

Pivot (invalidation): 69.55

Our preference

Long positions above 69.55 with targets at 70.65 & 71.20 in extension.

Alternative scenario

Below 69.55 look for further downside with 68.80 & 68.25 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL) 

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