Crude Oil (WTI) (H5) Intraday: under pressure.
Pivot:
71.35
Our preference:
Short positions below 71.35 with targets at 69.75 & 69.45 in extension.
Alternative scenario:
Above 71.35 look for further upside with 71.80 & 72.25 as targets.
Comment:
The RSI is below its neutrality area at 50%