Crude Oil (WTI) (Z3) Intraday: the bias remains bullish.
Pivot:
76.40
Our preference:
Long positions above 76.40 with targets at 77.70 & 78.20 in extension.
Alternative scenario:
Below 76.40 look for further downside with 75.90 & 75.40 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.