Crude Oil (WTI) (M5) Intraday: expect 62.60.
Pivot:
60.50
Our preference:
Long positions above 60.50 with targets at 62.05 & 62.60 in extension.
Alternative scenario:
Below 60.50 look for further downside with 59.90 & 59.20 as targets.
Comment:
The RSI shows upside momentum.