WTI Crude Oil Long

Pivot: 77.50
Our preference:

long positions above 77.50 with targets at 80.30 & 81.25 in extension.
Alternative scenario:

below 77.00 look for further downside with 76.90 & 76.25 as targets.
Comment:

the RSI is above its neutrality area at 50%
Chart PatternsTrend AnalysisWave Analysis

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