Crude Oil (WTI) (M5) Intraday: bullish bias above 62.60.
Pivot:
62.60
Our preference:
Long positions above 62.60 with targets at 63.90 & 64.40 in extension.
Alternative scenario:
Below 62.60 look for further downside with 62.20 & 61.80 as targets.
Comment:
The RSI advocates for further upside.