Crude Oil (WTI) (H5) Intraday: under pressure.
Pivot:
78.00
Our preference:
Short positions below 78.00 with targets at 77.00 & 76.50 in extension.
Alternative scenario:
Above 78.00 look for further upside with 78.50 & 79.35 as targets.
Comment:
The RSI is below its neutrality area at 50%