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Technical Analysis Posted 2 hours ago

WTI Crude Oil: Bullish Trend Above $84.80 Eyes $90

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WTI crude oil rallied above $82 and $85, establishing a bullish trend line with support at $84.80 on the 4-hour chart. Price action remains constructive with $90 emerging as the next major target. Watch for breakout confirmation above current resistance levels to sustain upside momentum.
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2 hours ago

WTI Crude Oil: Bullish Impulse Wave 3 Rally Toward 90.00

WTI crude oil has broken above the 80.00 resistance zone and the 38.2% Fibonacci correction level from the March downtrend. Price is advancing within impulse wave 3 with a bullish bias. Traders should watch for upside extension toward the 90.00 resistance level as the next key target.

https://www.actionforex.com/contributors/technical-analysis/648138-wti-crude-oil-wave-analysis-39/
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