Crude Oil (WTI) (H5) Intraday: the downside prevails.
Pivot:
75.20
Our preference:
Short positions below 75.20 with targets at 73.70 & 73.20 in extension.
Alternative scenario:
Above 75.20 look for further upside with 75.55 & 76.00 as targets.
Comment:
The RSI calls for a new downleg.