BtcDana Account
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Crude Oil (WTI) (U4) Intraday: key resistance at 78.00.
Pivot:
78.00
Our preference:
Short positions below 78.00 with targets at 76.80 & 76.40 in extension.
Alternative scenario:
Above 78.00 look for further upside with 78.60 & 79.05 as targets.
Comment:
As long as the resistance at 78.00 is not surpassed, the risk of the break below 76.80 remains high.
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