Crude Oil (WTI) (M4) Intraday: towards 77.80.
Pivot:
80.30
Our preference:
Short positions below 80.30 with targets at 77.80 & 76.90 in extension.
Alternative scenario:
Above 80.30 look for further upside with 81.20 & 82.00 as targets.
Comment:
The break below 80.30 is a negative signal that has opened a path to 77.80.