(17 AUGUST 2018)Crude Oil (WTI):Bullish bias above 64.80.

(17 AUGUST 2018)Crude Oil (WTI):Bullish bias above 64.80.

17 August 2018, 09:53
Jiming Huang
0
48

oil

Pivot (invalidation): 64.80

Our preference

Long positions above 64.80 with targets at 65.70 & 66.00 in extension.

Alternative scenario

Below 64.80 look for further downside with 64.45 & 64.00 as targets.

Comment

The RSI is mixed to bullish

(By Swissquote TRADING CENTRAL) 

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