Crude Oil (WTI) (N4) Intraday: intraday support around 79.35.
Pivot:
79.35
Our preference:
Long positions above 79.35 with targets at 80.90 & 81.35 in extension.
Alternative scenario:
Below 79.35 look for further downside with 78.95 & 78.50 as targets.
Comment:
The break above 79.35 is a positive signal that has opened a path to 80.90.