(17 January 2020)Crude Oil (WTI) Bullish bias above 58.20.

(17 January 2020)Crude Oil (WTI) Bullish bias above 58.20.

17 January 2020, 09:06
Jiming Huang
0
73

oi
Pivot
 (invalidation): 58.20
Our preference
Long positions above 58.20 with targets at 58.85 & 59.20 in extension.
Alternative scenario
Below 58.20 look for further downside with 57.85 & 57.55 as targets.
Comment
The RSI is mixed with a bullish bias.

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