Crude Oil (WTI) (H3) Intraday: consolidation in place.
Pivot:
79.60
Our preference:
Short positions below 79.60 with targets at 78.00 & 77.45 in extension.
Alternative scenario:
Above 79.60 look for further upside with 80.20 & 80.60 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.