(07 December 2020)Crude Oil (WTI) The bias remains bullish.
7 December 2020, 11:45
0
234
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)
![[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions](https://c.mql5.com/6/1006/splash-preview-770296.jpg "[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions")
![[TLV]: When a Timing Should Be Ignored Liquidity Activation Point ≠ automatic entry](https://c.mql5.com/6/1006/splash-preview-770298.png "[TLV]: When a Timing Should Be Ignored Liquidity Activation Point ≠ automatic entry")
