Crude Oil (WTI) (F19) Intraday: the downside prevails.

Crude Oil (WTI) (F19) Intraday: the downside prevails.
Pivot: 54.10

Most likely scenario: short positions below 54.10 with targets at 52.80 & 52.00 in extension.

Alternative scenario: above 54.10 look for further upside with 54.80 & 55.30 as targets.

Comment: a break below 52.80 would trigger a drop towards 52.00. Crude Oil validated a bearish breakout of triangle pattern.

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