WTI OIL: Approaches Targets and Resistance, Pullback Incoming!Hello Community,
welcome to my updated analysis of WTI OIL on the 4-hour timeframe perspective. As mentioned in my previous analysis, the ongoing Strait of Hormuz blockade and oil supply shortages increased the rising price likelihood enormously. This exact scenario has happened now, and WTI OIL moved into the projected zones I mentioned in my analysis. Now, there are crucial details that I spotted that will determine the upcoming outcomes in a profound manner.
When looking at my chart, we can see how WTI OIL moved into the upper target zone as expected. This zone is still a major resistance, and WTI OIL is likely going to pull back from this level and move to the lower levels which have already been mentioned earlier. Once WTI OIL settles below the 200-EMA marked in red, the full bearish scenario will be playing out. It will also confirm the lower target zones seen in my chart inevitably.
If the oil supply is increasing again to satisfy the increased demand, this could lead to an acceleration of the price drop. In any case, when trading this dynamic correctly, there can be some solid profits achieved on the short side. An aggressive entry would be to enter immediately. A conservative entry would be to wait for the breakout before entering. Once the targets have been reached, I am going to update my analysis again.
In this manner, thank you a lot for watching!
The support is highly appreciated.
VP 
Short
ETH Has Institutional Demand ...But Macro Is Driving the MarketThere are two forces worth paying attention to in ETH right now:
Macro pressure is increasing, while institutional ETH demand remains positive.
For intraday traders, the question is which force is actually controlling price.
Right now, I believe the answer is macro .
MACRO RISK IS CONTROLLING CRYPTO
Renewed U.S.–Iran fighting has pushed Brent crude toward $95 , the U.S. 10-year yield toward 4.82 %, and strengthened the dollar.
At the same time, markets are now pricing roughly a two-thirds probability of a September Fed hike.
COINBASE:ETHUSD ETH traded around $2,395 during the risk-off move.
This matters because rising oil prices aren't just an energy story.
Higher oil → renewed inflation pressure → higher yields → tighter financial conditions → pressure on risk assets.
That means ETH traders need to watch more than the ETH chart.
Right now, I’m paying close attention to:
• Nasdaq futures
• U.S. 10-year Treasury yield
• DXY
• Crude oil
• Fed rate expectations
If those markets remain risk-off, crypto-native bullish narratives can temporarily take a back seat.
ETH ETF DEMAND IS STILL POSITIVE
There is another side to this.
U.S. spot ETH ETFs have now recorded 12 consecutive positive sessions, with approximately $1.60 billion in net inflows since August 17.
That's meaningful.
But there is an important detail:
ETH ETF inflows slowed from roughly **$87.6M Monday to just $8.6M Tuesday**.
Meanwhile, Bitcoin ETFs experienced approximately **$236.5M in net outflows Tuesday**.
So I'm less interested in simply saying:
"ETH ETFs are buying, therefore ETH is bullish."
I'm more interested in the divergence.
ETH continues attracting institutional capital while BTC is experiencing redemptions.
The question is whether that eventually translates into **ETH relative strength**.
WHAT I'M WATCHING
The biggest signal may come from ETH/BTC.
If ETH ETF flows remain positive, BTC continues seeing outflows, and ETH/BTC begins strengthening, that would confirm the institutional flow divergence is beginning to matter.
But if ETH/BTC cannot strengthen despite favorable ETF flows, that's information too.
It would suggest that macro selling pressure is currently overwhelming crypto-specific demand.
That's why I don't think this is a market where we should analyze ETH in isolation.
For now:
Macro controls the short-term tape.
Institutional flows support the bigger picture.
Price will tell us which one ultimately wins.
The next major volatility catalysts are employment data, factory orders, the Fed Beige Book, and Friday's payroll report.
A meaningful repricing of September Fed expectations could easily become the next major catalyst for ETH.
Trade the reaction not just the headline.
Educational analysis only. Not financial advice.
Long
Long 
WTI Oil Market Structure — FVG Reaction & Bullish TargetsWTI Crude Oil — Candle-by-Candle Market Structure Analysis
This chart presents a detailed price-action study of WTI Crude Oil using market structure, MSS, BOS, CHoCH, FVGs, liquidity levels, and dynamic trendlines.
The early candles show a period of consolidation followed by a strong bullish expansion. Successive bullish candles created higher highs and higher lows, confirming increasing buying pressure. The BOS signals highlight important structural breaks as price continued to advance.
Around the April high, price reached a major resistance area and started showing signs of rejection. The following candles created lower highs and bearish momentum, leading to multiple MSS and CHoCH confirmations. This shift indicated that sellers had temporarily gained control.
During May and June, bearish candles pushed price lower and gradually formed a broader corrective structure. Price eventually reached the 67.34–74.69 support region, where selling pressure weakened and buyers started defending the area.
From July onward, the candles began forming a recovery structure. Higher lows developed along the rising trendline, while repeated FVG reactions supported the bullish recovery. The recent candles are now consolidating around the 80–87 area, showing a battle between buyers and sellers.
The current setup is focused on the rising dynamic support and nearby FVG reaction zone. A successful bullish continuation and breakout above 87.55 could open the path toward 93.95 and 98.83. The 98.83 area remains an important resistance and primary upside target.
Overall, the chart demonstrates how each candle contributes to the bigger market structure—from consolidation and liquidity sweeps to MSS, BOS, FVG reactions, trendline support, and potential continuation targets.
This analysis is for educational and technical-analysis purposes only, not financial advice. Long 
USOIL | $87 Breakout or Major Rejection?USOIL | $87 Breakout or Major Rejection?
USOIL has regained strong bullish momentum and is now approaching a major technical decision zone, while renewed geopolitical tensions continue to add a risk premium to crude oil.
Escalating tensions involving the U.S. and Iran have increased concerns over energy supply and the Strait of Hormuz, supporting the latest recovery in oil prices. However, technically, buyers are now facing an important resistance area, meaning confirmation is needed before expecting another major bullish leg.
Technically
USOIL is currently testing the 86.15–87.34 Key Rejection Zone, which could determine the next major direction.
As long as the price remains below 87.34, rejection and a corrective movement remain possible.
However, a confirmed 4H candle close above 87.34 would strengthen the bullish structure and support continuation toward 90.41, followed by 93.28.
On the other hand, if the price fails to break 87.34 and starts rejecting from the current zone, 82.31 becomes the key downside confirmation level.
A confirmed break below 82.31 would support a deeper bearish correction toward 78.28. Below 78.28, bearish momentum could extend toward 74.83.
Key Rejection Zone: 86.15 – 87.34
Resistance: 87.34 – 90.41 – 93.28
Support: 82.31 – 78.28 – 74.83
Bias: Short-term momentum remains bullish, supported by geopolitical risk, but 87.34 is the key breakout confirmation. Above it, 90.41–93.28 comes into focus; rejection followed by a break below 82.31 would shift momentum bearish. Short 
WTI CRUDE OIL — PROFESSIONAL TECHNICAL ANALYSIS# 🛢️ WTI CRUDE OIL — PROFESSIONAL TECHNICAL ANALYSIS 📊🔥
## 🧠 Market Overview
WTI Crude is currently trading around **82.35** after experiencing a strong corrective move from the **87.00–87.50 resistance area**. Despite the recent bearish pressure, the broader structure on the 2H chart remains **constructive/bullish**, as price previously established a strong recovery from the **74.26 low** and developed a clear ascending trendline.
The current pullback can therefore be viewed as a potential **retracement into a demand/order-block area**, rather than an immediate confirmation of a full bearish reversal.
---
## 📈 Market Structure
The larger structure shows a strong bullish recovery:
🟢 **Major Low:** 74.26
📈 Strong recovery toward 87.00+
🔴 Rejection around 87.00–87.50
📉 Current correction toward 82.35
The chart also shows a previous **CHoCH (Change of Character)** around the 86.00 region, followed by continued upside momentum. However, the rejection from the upper resistance zone has created a short-term bearish phase.
The important point is that price has **not yet broken the major 79.80–80.20 demand/OB area**, so the broader bullish scenario remains valid while this zone holds.
---
## 🎯 IMPORTANT SUPPORT & DEMAND ZONES
### 🟢 79.80–80.20 — Main Order Block
This is the most important short-term area on the chart.
Price could potentially move lower into this zone to:
* Sweep nearby liquidity 💧
* Test the previous order block
* Create a bullish rejection
* Re-enter the broader bullish structure
A strong bullish reaction from this area would provide a better-quality long setup.
### 🟢 77.80–78.80 — Pre-Zone
If the **79.80–80.20 OB fails**, the next important area is the **77.80–78.80 pre-zone**.
This area could act as deeper demand and may become relevant if the market performs a larger liquidity sweep before continuing higher.
---
## 🔴 RESISTANCE & TARGET ZONES
### 🔵 85.00–85.50 — FVG
This is the first major upside objective shown on the chart.
If buyers regain control from the lower demand area, price could travel toward this **FVG zone**.
### 🟠 85.50–86.10 — Order Block
Above the FVG sits another important **order-block/resistance area**.
This zone may produce another reaction, so traders should monitor price action carefully when it reaches this region.
### 🚨 87.00–87.50 — Major Resistance
This is the previous swing-high area where sellers already demonstrated strong interest.
A clean breakout and confirmation above this zone would significantly strengthen the bullish continuation scenario.
---
## 📈 BULLISH SCENARIO 🚀
The preferred bullish setup is **not to chase price around 82.35**.
Instead, watch for price to retrace toward:
**79.80–80.20 → bullish reaction/confirmation → LONG**
Potential upside progression:
🎯 **TP1:** 82.50
🎯 **TP2:** 85.00–85.50
🎯 **TP3:** 85.50–86.10
🎯 **Extended:** 87.00–87.50 🚀
If price breaks and holds above **87.00–87.50**, a larger bullish continuation could develop.
---
## ⚠️ BEARISH SCENARIO
The bullish idea becomes weaker if price produces a **strong 2H close below 79.80**.
In that case, the market could move toward:
**79.80 → 78.80 → 77.80**
The **77.80–78.80 pre-zone** would then become the next area to watch for a potential reaction.
A decisive breakdown through this deeper demand would indicate that the previous bullish structure is losing strength.
---
## 🧠 TRADING MINDSET
The key message from this chart is:
**“Let price come to the zone — don't chase the move.”** 🎯
The current price is sitting between the major demand and resistance areas. Therefore, patience is important.
✅ Wait for the **79.80–80.20 OB**
✅ Look for liquidity sweep + bullish confirmation
✅ Manage risk below the invalidation zone
✅ Target the **85.00–86.10 FVG/OB**
⚠️ Avoid entering blindly in the middle of the range
---
## 🔥 FINAL BIAS
**📈 Overall Bias: Bullish — conditional on demand holding**
**Main Buy Zone:** 79.80–80.20
**Deeper Demand:** 77.80–78.80
**First Major Target:** 85.00–85.50
**Second Target:** 85.50–86.10
**Major Resistance:** 87.00–87.50
**Invalidation:** Strong break/close below 79.80
💡 **Professional view:** The current bearish pullback may be a retracement within the broader bullish structure. The strongest opportunity would come from a confirmed reaction at the lower OB rather than chasing price at current levels. 📊🧠
Long 
WTI OIL: This Formation Lead to a Bearish Drop Next!Hello Community,
welcome to my new analysis of WTI OIL on the 4-hour timeframe perspective. Oil prices crashed to the downside in the recent local short-term perspective. There are talks going on about opening the Strait of Hormuz, maybe reaching an agreement. This agreement has been already long time stressed on. Now, there are also technical factors that I spotted that will determine the outcome of WTI OIL in the upcoming times.
When looking at my chart, we can see how WTI OIL is forming this depreciating wave condition in which it bounces in the lower boundary. However, it remains weak in terms of bullishness. It has a strong resistance cluster above the current price. It is likely that WTI visits the upper areas and then pulls back towards the downside, as marked in my chart. Especially, once WTI OIL breaks below the 200-EMA and the 100-EMA, this is the bearish scenario that will prevail.
Once WTI OIL has completed the bearish breakdown scenario as marked in my chart, it is going to activate the bearish target zone. This will be a crucial dynamic because from there on the prices could drop further massively when the bearish momentum accelerates heavily. WTI OIL in such a condition could visit much lower targets easily. In any case, the bearish scenario should not be underestimated, especially when a settlement happens.
In this manner, thank you a lot for watching!
The support is highly appreciated.
VP Market DNA Oil (WTI) Cycle 4 Phase 2 of 4Will the next phase be Phase 3? We are navigating the market to see what happens next.
Phase: 1
Primary Entry M: 83.905$
Secondary Entry P(c): 71.353 $
Mean Entry: (83.905+71.353)/2=77.629$
Trapezoid Time Duration: 80 Days
3th Triangle domain (%): 2 * 18.18% = 36.36%
Risk coefficient:1
Risk domain (%): (3th Triangle domain) *(Risk coefficient) = 36.36%*1=36.36 %
Hypothetical Capital: 100,000$
Contract Size: 1000 Barrel
Expected Max Drawdown (%): 5%
Expected Max Drawdown $: 100,000 * 5% = 5,000
Expected Low Price: (1 – 36.36%) * 77.629$ = 49.04$
Size: 5,000 / (77.629-49.04) ~= 174.89 Barrel
Position Size: Size/Contract Size = 174.89 /1000 = 0.17
Each Trade Size = 0.17 /2 =0.275 ~=0.09
Targets:
T1 (Mirror / Lower Trapezoid): 86.43$
T2 (Apex N): 99.26$
T3 (Trapezoid Top): 108.44$
Expected Profit by first entry and Exit at T3 for Scenario No 1:
(T3 - Entry M) * Contract Size * Each Trade Size = (108.44 -83.905) *1000*0.09= 2,208$
Expected Total Profit for Scenario No 1: 2,208$
Expected Return % for Scenario No 1: 100*(2,208/100,000) = 2.2%
Expected Annual Return% for Scenario No 1: (2.2%*365/80) =10.03%
Expected Profit by 2th entry and Exit at T2 for Scenario No 2:
(T3 - Entry M) * Contract Size * Each Trade Size = (108.44 -83.905) *1000*0.09= 2,208$
(T2 - Entry P(c)) * Contract Size * Each Trade Size = (99.26 -71.353) *1000*0.09= 2,511$
Expected Total Profit for Scenario No 2: 2,208 + 2,511=4,719$
Expected Return% for Scenario No 2: 100*(4,719/100,000) =4.72%
Expected Annual Return% for Scenario No 2: 4.72%*365/80=21.53%
Notes: P(c) may or may not be reached; both M and P(c) are Phase 1 only.
"Both trade sizes are calculated using the hypothetical capital, the investor’s maximum allowed drawdown, the 3rd Triangle Domain percentage, the Risk Coefficient, and the Contract Size."
TotalSize=(EMDD=5000)/(2*D*R*MeanPrice*ContractSize)
Will the next phase be Phase 2 or 3? We are navigating the market to see what happens next.
Phase: 2
Current Date & Time: 2026-07-222 00:00 EST
The Price touched the Trapezoid Lower Boundary at 86.43$, and by touching this level the Phase 2 is completed.
Up to this point, the initial positions were opened at 83.905$ and 71.353$ on M and P(c) Price Level. Will the next phase be Phase 3? We are navigating the market to see what happens next
Long 
Long 
Short 
WTI CRUDE OIL — 4H PROFESSIONAL TECHNICAL ANALYSIS🛢️ WTI CRUDE OIL — 4H PROFESSIONAL TECHNICAL ANALYSIS 📊🔥
📈 Market Structure
WTI is currently showing a bullish recovery structure on the 4H timeframe. After finding strong demand around the 74–76 area, price established a series of higher lows and higher highs, indicating that buyers have regained control of the short-to-medium-term structure.
The recent rally pushed price from the lower 80s toward 86.70, confirming continued bullish momentum. However, price is now approaching an area where a temporary pullback could occur before the next expansion.
🟢 Key Support / Pullback Zone
The highlighted 83.80–84.50 zone is an important area to monitor. This region can act as a potential demand/support zone if price retraces.
A controlled pullback into this zone followed by bullish confirmation would provide a stronger continuation setup than chasing price at current levels.
Important:
If buyers defend this area and price forms a bullish reaction, the probability of another upward leg increases. 📈
🎯 Upside Targets
If the support zone holds, the primary objective is the highlighted Order Block around 91.50–92.50.
This zone represents a significant area of previous supply and could attract sellers or profit-taking.
Beyond the Order Block, the major resistance is positioned around:
🔴 93.45 — Major Resistance
A decisive breakout and 4H close above this resistance could open the possibility for further upside.
⚠️ Bearish Invalidation
The bullish scenario would become weaker if WTI loses the 83.80–84.00 support area with strong bearish momentum.
A clean break below this zone could indicate that the current bullish structure is losing strength and that a deeper correction may develop.
🧠 Trading Scenario
Bullish Scenario 📈:
Price pulls back toward 83.80–84.50 → support holds → bullish confirmation → continuation toward 91.50–92.50 Order Block.
Bearish Scenario 📉:
Price breaks and sustains below 83.80 → bullish structure weakens → deeper correction becomes possible.
🔥 Final Outlook
The overall 4H structure remains bullish, with price showing strong recovery momentum. However, the best approach is to remain patient and wait for a pullback into the highlighted support zone with confirmation rather than entering impulsively after the recent rise.
🎯 Main Target: 91.50–92.50
🔴 Major Resistance: 93.45
🟢 Key Support: 83.80–84.50
📊 Overall Bias: BULLISH 📈🔥
Trade with confirmation, manage risk carefully, and avoid chasing the move. 🧠📊 Long 
WTI Crude Oil 4H — Bullish Structure & Key Resistance LevelsWTI Crude Oil 4H — Candle-by-Candle Market Structure Analysis
This educational chart explains the complete price journey of WTI Crude Oil through market structure, liquidity, support and resistance, demand and supply zones, and reaction areas. Each candle should be read in relation to the candles before it rather than in isolation.
1. Initial Bullish Development
Price begins with accumulation near the lower levels. Small candles show hesitation, followed by stronger bullish candles. Buyers gradually gain control as price creates higher highs and higher lows. The bullish candles confirm increasing buying pressure.
2. Break of Structure (BOS)
As price breaks above the previous swing high, the structure becomes bullish. The breakout candle demonstrates that buyers have enough momentum to overcome the previous resistance. The following candles help confirm that the breakout is not immediately rejected.
3. Strong Bullish Expansion
A series of consecutive bullish candles pushes price higher. These candles show strong momentum and limited selling pressure. The expanding range indicates that buyers are aggressively participating in the move.
4. Formation of the Major High
Price reaches the upper area around 91.19–93.50, where previous buying momentum begins to slow. Smaller candles and upper wicks indicate hesitation. This area is therefore treated as a major resistance and supply zone.
5. Consolidation Near Resistance
Price moves sideways beneath the major resistance. The repeated inability to break higher shows that sellers are defending the upper zone. This consolidation is important because it can precede either a breakout or a rejection.
6. Current Price Reaction
The current price around 86.48 is positioned below the major resistance. The candles are showing a reaction from the upper area, so traders should watch whether price continues higher toward 91.19 or begins a deeper retracement.
7. First Important Support — 82.81
The 82.81 level represents the first major support area. If bearish candles appear from the resistance zone, this level becomes the first area where buyers may attempt to defend price.
8. Second Support — 75.99
A stronger bearish continuation could move price toward 75.99. This zone represents a deeper support area and should be monitored for a potential bullish reaction.
9. Final Support — 70.84
The 70.84 region is marked as a strong lower support area. A reaction here would indicate that buyers are defending the broader structure. A decisive break below this area would weaken the bullish scenario.
Educational Conclusion
The chart demonstrates how individual candles combine to create market structure. Strong bullish candles show momentum, smaller candles show consolidation or hesitation, and rejection candles can identify areas where opposing pressure is entering the market. The key levels are 91.19–93.50 resistance, 82.81 first support, 75.99 major support, and 70.84 strong support.
The main lesson is to avoid judging a single candle alone. Always study the candle's location, previous structure, momentum, wick rejection, support/resistance, and surrounding price action before forming a market bias. This chart is for educational and technical-analysis purposes only. WTI CRUDE OIL (USOIL) — DETAILED TECHNICAL ANALYSIS# 🛢️ WTI CRUDE OIL (USOIL) — DETAILED TECHNICAL ANALYSIS 📊🔥
## 📍 Current Market Overview
WTI Crude Oil is currently trading around **81.95**, after recovering strongly from the lower support region. The chart shows that price has reacted positively from the marked **demand zone around 78.0–79.5**, indicating that buyers are actively defending this area.
The broader structure previously showed a bearish trend, but the recent price action suggests that the market is attempting to transition into a **bullish recovery structure**. 📈
---
## 🟢 1. Demand Zone — Key Area for Buyers
The **78.0–79.5 region** is the most important support area on this chart.
Price previously entered this zone several times and repeatedly found buying pressure. The latest reaction from this area produced a strong recovery toward the **83–85 region**.
This tells us that the demand zone is currently acting as a strong base.
As long as price remains above this zone, the bullish scenario remains valid. 💪📈
A deeper pullback into this area could potentially create another buying opportunity, but confirmation should be waited for rather than entering blindly.
---
## 📉 2. Descending Trendline
A major descending trendline is visible from the previous high near **93–94**.
This trendline has acted as dynamic resistance and has previously pushed price lower. Currently, price is approaching the area where this bearish trendline becomes important again.
🔥 **A clean breakout and candle close above this trendline would be a significant bullish signal.**
If buyers successfully break and hold above the trendline, the market could gain enough momentum to target the higher resistance and order-block area.
---
## 🟡 3. Current Resistance — 84–85
The **84.0–85.0 zone** is the immediate resistance region.
Price has already struggled around this area, showing that sellers remain active.
Therefore, traders should watch the reaction carefully:
➡️ **Break above 85.0:** bullish continuation becomes stronger.
➡️ **Rejection from 84–85:** a short-term pullback could develop.
➡️ **Pullback into 80–79:** buyers may attempt another recovery.
A confirmed breakout above this resistance would improve the probability of a move toward **88.0**. 🚀
---
## 🎯 4. Order Block — 88.0–90.0
The chart clearly marks an **ORDER BLOCK** around **88–90**.
This is the next major upside objective if the bullish structure continues.
The **88.0 level** is especially important because it represents the first major resistance/target shown on the chart.
If price reaches this region, expect increased volatility and possible profit-taking.
📌 **Main bullish target: 88.0**
📌 **Extended target: 90.0–91.0**
---
## 🔄 5. Possible Liquidity Sweep
The projected price path on the chart suggests an interesting possibility:
Price may first make a **short-term dip toward 79–80**, potentially sweeping liquidity below recent lows, before reversing strongly upward.
This would be a classic:
**Liquidity Sweep → Demand Reaction → Bullish Continuation** 🔄📈
However, this is a scenario rather than a certainty. The demand zone must hold for the setup to remain valid.
---
## 🧱 6. Major Support — 74.28
The **74.28 level** is the major structural support marked on the chart.
This level previously acted as a strong floor during the bearish move.
A sustained break below the demand zone followed by a break of **74.28** would invalidate the current bullish recovery idea and could indicate renewed bearish momentum. ⚠️📉
Until that happens, the larger recovery structure remains technically interesting.
---
# 📈 BULLISH SCENARIO
If WTI continues to hold above the **78–79 demand zone**, the preferred scenario is:
**78–79 Demand Zone 🟢**
⬇️ Possible liquidity sweep
⬆️ Bullish reversal
⬆️ Break of 84–85 resistance
🎯 **Target 1: 88.0**
🎯 **Target 2: 90.0–91.0**
A strong breakout above the descending trendline would provide additional confirmation. 🚀🔥
---
# 📉 BEARISH SCENARIO
The bullish setup would weaken if price repeatedly rejects the **84–85 resistance** and falls back below **78.0**.
A confirmed breakdown below the demand zone could open the way toward:
🎯 **76.0**
🎯 **74.28 major support**
A decisive break below **74.28** would signal a much stronger bearish continuation.
---
# 🧠 TRADING PLAN
### 🟢 Bullish Setup
Wait for price to react from **78–79 demand** or confirm a breakout above **84–85**.
**Confirmation → Entry → Risk Management → Target 88+**
### 🔴 Bearish Setup
Watch for a strong rejection from **84–85** or a confirmed breakdown below the **78–79 demand zone**.
Avoid chasing the move in the middle of the range. Patience and confirmation are key. 🎯
---
# 🔥 FINAL MARKET OUTLOOK
**WTI Crude Oil remains technically bullish above the 78–79 demand zone.**
The market has already shown a strong reaction from demand, and the next major challenge is the **84–85 resistance / descending trendline area**.
A confirmed breakout could shift momentum significantly toward the **88.0 order block**, with **90–91** as an extended upside area.
On the other hand, failure to hold demand would invalidate the bullish setup and bring **74.28** back into focus.
### 🎯 KEY LEVELS
🟢 **Demand:** 78.0–79.5
🟢 **Support:** 80.0
🔴 **Resistance:** 84.0–85.0
🎯 **Major Target:** 88.0
🎯 **Extended Target:** 90.0–91.0
⚠️ **Major Invalidation:** 74.28
**Overall Bias: 🟢 BULLISH ABOVE DEMAND — WAIT FOR CONFIRMATION BEFORE ENTRY.** 📊🔥
⚠️ *Technical analysis only. Always manage risk and use proper position sizing.*
Long 
Short 
Potential bullish rise?WTI Oil (XTI/USD) has bounced off the pivot and could rise towards the pullback resistance that lines up with the 78.6% Fibonacci retracement.
Pivot: 81.90
1st Support: 79.37
1st Resistance: 88.90
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
Long 
Short 
