Crude Oil (WTI) (M5) Intraday: intraday support around 62.00.
Pivot:
62.00
Our preference:
Long positions above 62.00 with targets at 63.40 & 64.20 in extension.
Alternative scenario:
Below 62.00 look for further downside with 61.60 & 61.00 as targets.
Comment:
The next resistances are at 63.40 and then at 64.20.