(03 September 2019 ) Crude Oil (WTI)Key resistance at 55.25.

 
Pivot
 (invalidation): 55.25
Our preference
Short positions below 55.25 with targets at 54.35 & 54.05 in extension.
Alternative scenario
Above 55.25 look for further upside with 55.80 & 56.20 as targets.
Comment
As Long as the resistance at 55.25 is not surpassed, the risk of the break below 54.35 remains
high.

(By Swissquote TRADING CENTRAL)

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