Crude Oil (WTI) (H3) Intraday: the downside prevails.
Pivot:
76.90
Our preference:
Short positions below 76.90 with targets at 75.00 & 74.40 in extension.
Alternative scenario:
Above 76.90 look for further upside with 77.40 & 78.00 as targets.
Comment:
As long as the resistance at 76.90 is not surpassed, the risk of the break below 75.00 remains high.