CRUDE OIL: The "Iran Premium" Trap? (Read This Before Buying)Micro WTI Crude Oil FuturesNYMEX:MCL1!fxtraderanthonyUSOIL Crude Oil 🌍 The macro narrative heading into this week is dominated by a sharp resurgence in Middle East tensions, specifically escalating friction between the US and Iran, which has injected a significant "war premium" back into the energy markets 🏦. Interestingly, general online sentiment is heavily leaning Bullish as retail traders chase the breakout toward the $67.00 level. However, some community chatter suggests a potential liquidity hunt may be brewing, as the market begins to price in reports of diplomatic posturing alongside military movements. This creates a volatile backdrop where the primary driver—geopolitical risk—could either catapult us toward $70.00 or evaporate quickly if de-escalation headlines hit the wires. We are seeing a clear Bullish Market Structure on the Daily timeframe 📈. Price has successfully carved out a series of higher lows from the December base near $55.00 and has recently reclaimed the pivotal $62.00 barrier. The current candle shows a slight rejection from the $66.50–$67.00 resistance zone, aligning with widespread community chatter calling for a brief cooling-off period. This suggests that while the trend is firmly up, retail is positioned heavily long at the local peak, making them vulnerable to a "stop-run" before the next leg higher. Key Zone: The confluence of the ascending Parallel Channel and the Fibonacci 50-61.8% Retracement zone sits between $62.50 and $60.80 📉. This area represents a major structural retest of the previous breakout point. We are currently trading near the top of the multi-month range and testing significant psychological resistance. I am watching for a 'run on liquidity' to sweep the late buyers I'm seeing across various social forums who have their stops tightly packed under the $64.00 handle 🧹. My view is that a pullback into the Fibonacci "Golden Zone" within the lower half of the trend channel will provide the most high-probability entry for a move toward the $70.00 target, utilizing the Impulse Acceleration to time the re-entry.