(19 October 2020)Crude Oil (WTI) Caution.

Pivot
 (invalidation): 40.90
Our preference
Long positions above 40.90 with targets at 41.35 & 41.55 in extension.
Alternative scenario
Below 40.90 look for further downside with 40.60 & 40.35 as targets.
Comment
Intraday technical indicators are mixed and call for caution

(By Swissquote TRADING CENTRAL)