Crude Oil (WTI) (H3) Intraday: key resistance at 80.00.
Pivot:
80.00
Our preference:
Short positions below 80.00 with targets at 78.50 & 77.50 in extension.
Alternative scenario:
Above 80.00 look for further upside with 80.60 & 81.60 as targets.
Comment:
As long as 80.00 is resistance, look for choppy price action with a bearish bias.