WTI Crude Oil (CLU2026) — 4HR Update — July 29, 2026

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WTI Crude Oil (CLU2026) — 4HR Update — July 29, 2026Crude Oil FuturesNYMEX_DL:CL1!WeiL9295 Current Setup Price bounced at 0.5–0.618 Fib retracement of the recent leg up 4HR hidden bullish divergence confirmed — price forming HL while RSI forming LL, with Stoch RSI oversold. Primed for a bounce which I didnt find an entry for a short term trade. Divergence supports the B wave bounce thesis — momentum realigning short term Area of Interest — Short Entry Primary AOI: potential gap fill zone ~$86–88, confluencing with 0.618–0.786 Fib retracement Secondary watch: $84 resistance (previous structure level) for early rejection signs Entry trigger: overbought indicators + rejection price action at either zone No entry yet — waiting for confirmation at AOI Bias: Short term bullish bounce (B wave) — medium term bearish watching for C wave down.