(14 AUGUST 2019) Rude Oil (WTI):Bullish Bias Above 56.00. - Analytics & Forecasts - 14 August 2019



(14 AUGUST 2019) Rude Oil (WTI):Bullish Bias Above 56.00. - Analytics & Forecasts - 14 August 2019

Pivot
 (invalidation): 56.00
Our preference
Long positions above 56.00 with targets at 57.40 & 58.00 in
extension.


Alternative scenario
Below 56.00 look for further downside with 55.30 & 54.35 as targets.
Comment
Even
though a continuation of the consolidation cannot be ruled out, its extent should be


limited

(By Swissquote TRADING CENTRAL)

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(14 AUGUST 2019) Rude Oil (WTI):Bullish Bias Above 56.00. - Analytics & Forecasts - 14 August 2019
(14 AUGUST 2019) Rude Oil (WTI):Bullish Bias Above 56.00. - Analytics & Forecasts - 14 August 2019
(14 AUGUST 2019) Rude Oil (WTI):Bullish Bias Above 56.00. - Analytics & Forecasts - 14 August 2019
(14 AUGUST 2019) Rude Oil (WTI):Bullish Bias Above 56.00. - Analytics & Forecasts - 14 August 2019
(14 AUGUST 2019) Rude Oil (WTI):Bullish Bias Above 56.00. - Analytics & Forecasts - 14 August 2019

(14 AUGUST 2019) Rude Oil (WTI):Bullish Bias Above 56.00. - Analytics & Forecasts - 14 August 2019

(14 AUGUST 2019) Rude Oil (WTI):Bullish Bias Above 56.00. - Analytics & Forecasts - 14 August 2019