(29 October 2020)Crude Oil (WTI) Expect 36.30.

(29 October 2020)Crude Oil (WTI) Expect 36.30.

29 October 2020, 12:18
Jiming Huang
0
64

oil
Pivot
 (invalidation): 38.00
Our preference
Short positions below 38.00 with targets at 36.95 & 36.30 in extension.
Alternative scenario
Above 38.00 look for further upside with 38.30 & 38.80 as targets.
Comment
The RSI has just struck against its neutrality area at 50% and is reversing down.

(By Swissquote TRADING CENTRAL)


Share it with friends: