Crude Oil (WTI) (H3) Intraday: key resistance at 81.20.
Pivot:
81.20
Our preference:
Short positions below 81.20 with targets at 79.60 & 79.00 in extension.
Alternative scenario:
Above 81.20 look for further upside with 81.70 & 82.20 as targets.
Comment:
As long as 81.20 is resistance, look for choppy price action with a bearish bias.