(05 August 2020)Crude Oil (WTI) Towards 42.55.

Pivot
 (invalidation): 41.20
Our preference
Long positions above 41.20 with targets at 42.05 & 42.55 in extension.
Alternative scenario
Below 41.20 look for further downside with 40.95 & 40.50 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)