|Crude Oil (WTI) (F19) Intraday: the upside prevails.|
Most likely scenario: long positions above 52.60 with targets at 54.80 & 55.50 in extension.
Alternative scenario: below 52.60 look for further downside with 52.00 & 50.80 as targets.
Comment: the RSI is bullish and calls for further upside. The 20-period moving average has crossed above the 50-period one.