BtcDana Account
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Crude Oil (WTI) (J4) Intraday: intraday support around 77.65.
Pivot:
77.65
Our preference:
Long positions above 77.65 with targets at 78.70 & 79.30 in extension.
Alternative scenario:
Below 77.65 look for further downside with 77.25 & 76.80 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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