(18 August 2020)Crude Oil (WTI) Bullish bias above 42.30.

(18 August 2020)Crude Oil (WTI) Bullish bias above 42.30.

18 August 2020, 09:24
Jiming Huang
0
84

oi
Pivot
 (invalidation): 42.30
Our preference
Long positions above 42.30 with targets at 42.95 & 43.20 in extension.
Alternative scenario
Below 42.30 look for further downside with 42.10 & 41.80 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)


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