Crude Oil (WTI) (H3) Intraday: the downside prevails.
Pivot:
79.00
Our preference:
Short positions below 79.00 with targets at 77.35 & 76.50 in extension.
Alternative scenario:
Above 79.00 look for further upside with 79.80 & 80.50 as targets.
Comment:
The RSI is mixed with a bearish bias.