(30 October 2020)Crude Oil (WTI) Capped by a negative trend line.
30 October 2020, 09:21
0
104
Pivot
(invalidation): 36.60
Our preference
Short positions below 36.60 with targets at 35.90 & 35.50 in extension.
Alternative scenario
Above 36.60 look for further upside with 37.10 & 37.75 as targets.
Comment
The upward potential is likely to be limited by the resistance at 36.60.
(By Swissquote TRADING CENTRAL)
