(09 October 2020)Crude Oil (WTI) Bullish bias above 40.60.

Pivot
 (invalidation): 40.60
Our preference
Long positions above 40.60 with targets at 41.70 & 42.20 in extension.
Alternative scenario
Below 40.60 look for further downside with 40.20 & 39.90 as targets.
Comment
The RSI is mixed with a bullish bia

(By Swissquote TRADING CENTRAL)