(11 October 2019)Crude Oil (WTI) Bullish bias above 53.40.

(11 October 2019)Crude Oil (WTI) Bullish bias above 53.40.

11 October 2019, 09:13
Jiming Huang
0
56

oi
Pivot
 (invalidation): 53.40
Our preference
Long positions above 53.40 with targets at 54.10 & 54.45 in extension.
Alternative scenario
Below 53.40 look for further downside with 53.05 & 52.60 as targets.
Comment
The RSI is mixed to bullish.

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