Crude Oil (WTI) (Z2) Intraday: consolidation in place.
Pivot:
92.00
Our preference:
Short positions below 92.00 with targets at 89.80 & 88.80 in extension.
Alternative scenario:
Above 92.00 look for further upside with 92.85 & 94.10 as targets.
Comment:
As long as 92.00 is resistance, look for choppy price action with a bearish bias.
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