Crude Oil (WTI) (V5) Intraday: the upside prevails.
Pivot:
63.00
Our preference:
Long positions above 63.00 with targets at 63.80 & 64.10 in extension.
Alternative scenario:
Below 63.00 look for further downside with 62.65 & 62.30 as targets.
Comment:
The RSI is above its neutrality area at 50%.