Crude Oil (WTI) (H5) Intraday: the downside prevails.
Pivot:
73.50
Our preference:
Short positions below 73.50 with targets at 72.00 & 71.30 in extension.
Alternative scenario:
Above 73.50 look for further upside with 74.55 & 75.20 as targets.
Comment:
A break below 72.00 would trigger a drop towards 71.30.