Tanalys

Crude Oil (WTI) (H6) Intraday: the downside prevails.

Pivot: 29.2

Our preference: short positions below 29.2 with targets @ 27.5 26.8 in extension.

Alternative scenario: above 29.2 look for further upside with 29.75 30.5 as targets.

Comment: as long as the resistance at 29.2 is not surpassed, the risk of the break below 27.5 remains high.

Supports and resistances:

30.5

29.75

29.2

28.68 Last

27.5

26.8

26.1

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