Crude Oil (WTI) (H4) Intraday: under pressure.
Pivot:
74.80
Our preference:
Short positions below 74.80 with targets at 73.40 & 72.70 in extension.
Alternative scenario:
Above 74.80 look for further upside with 75.45 & 76.00 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.