(13 October 2020)Crude Oil (WTI) Key resistance at 39.85.

Pivot
 (invalidation): 39.85
Our preference
Short positions below 39.85 with targets at 39.05 & 38.60 in extension.
Alternative scenario
Above 39.85 look for further upside with 40.35 & 40.65 as targets.
Comment
As Long as the resistance at 39.85 is not surpassed, the risk of the break below 39.05 remains
high.

(By Swissquote TRADING CENTRAL)