Key takeaways Pullback complete, bullish structure emerging: WTI corrected 17% from $102.25 to $85.50 but has stabilised above its 20-day moving average, reclaimed $93.70, and is now positioned to retest the $102.25 resistance. Fundamentals support upside pressure: Deepening backwardation (-21.74) signals tightening near-term supply amid escalating US–Iran tensions, reinforcing upward pressure on crude prices. Breakout […]The post Chart Alert: WTI Crude Oil Minor Pullback Over, Start of New Bullish Leg for Breakout Above $102.25 appeared first on ActionForex.