Crude Oil (WTI) (H4) Intraday: under pressure.
Pivot:
77.10
Our preference:
Short positions below 77.10 with targets at 76.10 & 75.50 in extension.
Alternative scenario:
Above 77.10 look for further upside with 77.55 & 78.10 as targets.
Comment:
The RSI is below its neutrality area at 50%