Crude Oil (WTI) (H5) Intraday: under pressure.
Pivot:
76.15
Our preference:
Short positions below 76.15 with targets at 75.05 & 74.40 in extension.
Alternative scenario:
Above 76.15 look for further upside with 76.70 & 77.15 as targets.
Comment:
The RSI is mixed with a bearish bias.