Crude Oil (WTI) (H3) Intraday: under pressure.
Pivot:
75.00
Our preference:
Short positions below 75.00 with targets at 72.50 & 71.70 in extension.
Alternative scenario:
Above 75.00 look for further upside with 75.90 & 76.90 as targets.
Comment:
The break below 75.00 is a negative signal that has opened a path to 72.50.