(15 December 2020)Crude Oil (WTI) Bullish bias above 46.50. c

Pivot
 (invalidation): 46.50
Our preference
Long positions above 46.50 with targets at 47.05 & 47.40 in extension.
Alternative scenario
Below 46.50 look for further downside with 46.10 & 45.70 as targets.
Comment
The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)