(11 December 2020)Crude Oil (WTI) Caution.

(11 December 2020)Crude Oil (WTI) Caution.

11 December 2020, 11:54
Jiming Huang
0
92

oi
Pivot
 (invalidation): 46.65
Our preference
Long positions above 46.65 with targets at 47.30 & 47.75 in extension.
Alternative scenario
Below 46.65 look for further downside with 46.30 & 45.95 as targets.
Comment
The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL)

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