Crude Oil (WTI) (V3) Intraday: bullish bias above 85.30.
Pivot:
85.30
Our preference:
Long positions above 85.30 with targets at 86.40 & 87.00 in extension.
Alternative scenario:
Below 85.30 look for further downside with 84.60 & 84.00 as targets.
Comment:
A support base at 85.30 has formed and has allowed for a temporary stabilisation.