Crude Oil (WTI) (F19) Intraday: rebound.

Crude Oil (WTI) (F19) Intraday: rebound.
Pivot: 50.10

Most likely scenario: long positions above 50.10 with targets at 51.80 & 52.50 in extension.

Alternative scenario: below 50.10 look for further downside with 49.40 & 49.00 as targets.

Comment: the break above 50.10 is a positive signal that has opened a path to 51.80.

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