Crude Oil (WTI) (M4) Intraday: the downside prevails.
Pivot:
82.80
Our preference:
Short positions below 82.80 with targets at 81.05 & 80.50 in extension.
Alternative scenario:
Above 82.80 look for further upside with 83.50 & 84.30 as targets.
Comment:
As long as the resistance at 82.80 is not surpassed, the risk of the break below 81.05 remains high.