WTI Analysis

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WTI AnalysisWest Texas Intermediate Crude Oil cashBLACKBULL:WTIElroubyThe chart shows a well‑formed harmonic pattern with precise Fibonacci ratios, signaling a high‑probability reversal zone at point D. Price may dip slightly first to collect liquidity, but the overall structure favors a strong bullish move afterward. The broader trend supports upside continuation, with tightening consolidation hinting at an imminent volatility breakout. Key support sits around 96.50–97.20, with potential targets stretching toward 101, 105.50, and even 125 if momentum accelerates. Overall, the setup reflects seller exhaustion and buyer accumulation, positioning WTI for a potentially explosive upward leg.