Crude Oil (WTI) (H4) Intraday: intraday support around 74.30.
Pivot:
74.30
Our preference:
Long positions above 74.30 with targets at 75.30 & 75.80 in extension.
Alternative scenario:
Below 74.30 look for further downside with 73.75 & 73.10 as targets.
Comment:
The RSI is above its neutrality area at 50%.