Crude Oil (WTI) (H5) Intraday: key resistance at 78.10.
Pivot:
78.10
Our preference:
Short positions below 78.10 with targets at 77.00 & 76.15 in extension.
Alternative scenario:
Above 78.10 look for further upside with 78.70 & 79.35 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 78.10.