Crude Oil (WTI) (H1) Intraday: the bias remains bu

Crude Oil (WTI) (H1) Intraday: the bias remains bullish.

USOil

Trading Central 2021-02-20 00:32:05

Pivot: 58.59

Our preference: long positions above 58.59 with targets at 60.40 & 60.90 in extension.

Alternative scenario: below 58.59 look for further downside with 57.90 & 57.25 as targets.

Comment: the RSI is around its neutrality area at 50%

Supports and resistances:

61.70

60.90

60.40

59.78 Last

58.59

57.90

57.25

Disclaimer

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