(12 FEBRUARY 2019)Crude Oil (WTI):Further advance.

Pivot (invalidation): 52.20

Our preference

Long positions above 52.20 with targets at 53.40 & 53.90 in extension.

Alternative scenario

Below 52.20 look for further downside with 51.70 & 51.30 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)