(17 December 2020)Crude Oil (WTI) The upside prevails.

Pivot
 (invalidation): 47.70
Our preference
Long positions above 47.70 with targets at 48.90 & 49.30 in extension.
Alternative scenario
Below 47.70 look for further downside with 47.30 & 46.90 as targets.
Comment
The RSI advocates for further upside

(By Swissquote TRADING CENTRAL)