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

Crude Oil (WTI) (F19) Intraday: the downside prevails.
Pivot: 51.70

Most likely scenario: short positions below 51.70 with targets at 50.00 & 49.40 in extension.

Alternative scenario: above 51.70 look for further upside with 52.20 & 52.55 as targets.

Comment: the RSI is bearish and calls for further downside.

signals

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