WTI Crude Oil –> Bullish Continuation Within Channel

Apr 3

HI!

Price has broken above the key resistance zone (105.7–106.8) and is now holding above it, confirming it as support. The market is currently consolidating after a strong impulsive move within the ascending channel.

As long as price remains above this zone, the bullish structure stays intact. Expect a continuation move toward higher levels, with minor pullbacks likely before pushing toward the upper boundary of the channel.

Apr 8

Trade closed: target reached

The target area touched before drop!