(07 August 2020)Crude Oil (WTI) Turning down.

Pivot
 (invalidation): 42.25
Our preference
Short positions below 42.25 with targets at 41.60 & 41.20 in extension.
Alternative scenario
Above 42.25 look for further upside with 42.65 & 42.95 as targets.
Comment
The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)