Crude Oil (WTI) (H5) Intraday: watch 79.85.
Pivot:
78.00
Our preference:
Long positions above 78.00 with targets at 79.85 & 80.60 in extension.
Alternative scenario:
Below 78.00 look for further downside with 77.50 & 77.00 as targets.
Comment:
The next resistances are at 79.85 and then at 80.60.