Crude Oil (WTI) (H4) Intraday: under pressure.
Pivot:
77.70
Our preference:
Short positions below 77.70 with targets at 76.05 & 75.60 in extension.
Alternative scenario:
Above 77.70 look for further upside with 78.50 & 79.30 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.