WTI Crude Oil (USOIL) - Rising Channel Breakdown | 1HWTI CRUDE OILTVC:USOILTheAlkeshWTI Crude Oil (USOIL) - Rising Channel Breakdown | 1H Pattern: Ascending Channel Structure: Lower Trendline Support Broken Price Below 200 EMA (Blue) First Time After Channel Formation Channel Started Oct 3 Low 86.86 to Nov 1 High 104.99 Confirmations: - RSI 49.68 -> Bearish Divergence from 70+ - Volume Spike on Breakdown Candle - 5 EMA Crossed Below 30 EMA - Double Top at 104.99 Resistance (106.89 - 104.41) Pattern Status: Breakdown + Retest Pending Invalidation: 104.99 High Break / Channel Re-entry Disclaimer: Educational only. Not financial advice.