Crude Oil (WTI) (H3) Intraday: under pressure.
Pivot:
80.25
Our preference:
Short positions below 80.25 with targets at 78.80 & 78.25 in extension.
Alternative scenario:
Above 80.25 look for further upside with 80.85 & 81.50 as targets.
Comment:
The RSI has broken down its 30 level.