(07 December 2020)Crude Oil (WTI) The bias remains bullish.

(07 December 2020)Crude Oil (WTI) The bias remains bullish.

7 December 2020, 11:45
Jiming Huang
0
87

oi
Pivot
 (invalidation): 45.60
Our preference
Long positions above 45.60 with targets at 46.65 & 47.05 in extension.
Alternative scenario
Below 45.60 look for further downside with 45.05 & 44.65 as targets.
Comment
The immediate trend remains up but the momentum is weak.

(By Swissquote TRADING CENTRAL)

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