(17 August 2020)Crude Oil (WTI) Bounce.

Pivot
 (invalidation): 42.05
Our preference
Long positions above 42.05 with targets at 42.55 & 42.90 in extension.
Alternative scenario
Below 42.05 look for further downside with 41.85 & 41.65 as targets.
Comment
The RSI calls for a rebound

(By Swissquote TRADING CENTRAL)