WTI (1H) inside a rising channel...WTI (1H) inside a rising channel, and price just pulled back into mid-support.
Structure read:
Trend = bullish (higher highs & higher lows)
Price reacting from channel mid-zone (grey demand)
Previous high near 109–110 is key liquidity
🎯 Bullish Targets:
First target: 107.50 (minor resistance / recent lower high)
Main target: 109.50 – 110.00 (channel top + liquidity)
Extended target: 111.50–112.00 (if breakout above channel)
❗ Invalidation:
Clean break below 103.50–103.00 support → bullish setup weakens
Below that → possible drop to 101.50
Summary:
Bias = buy on dips
Most likely move: push back toward 109–110 zone
Long
