WTI Oil: Bull Flag vs. Heavy Daily ResistanceWTI CRUDE OILTVC:USOILmelikatrader94Hi! Timeframe: 1 Hour Bias: awaiting Confirmation The Setup WTI Crude Oil has put on an impressive show over the last week, successfully snapping a major multi-week descending trendline. Following that explosive impulse move, the price has settled into a textbook Bull Flag consolidation pattern. Under normal circumstances, this is a highly reliable continuation setup. However, there is a major roadblock right ahead that demands a cautious approach. The entire flag pattern is currently printing directly inside a Strong Daily Resistance Area (the grey zone between $79.00 and $81.50). Because the market is consolidating right where daily sellers historically step in, an immediate upside breakout faces a high risk of exhaustion. Trading inside a heavy supply zone means we cannot simply buy the anticipation; we must wait for confirmed momentum to clear the hurdle. The Game Plan: Trigger & Targets To avoid getting trapped in a potential fakeout, the smart play here is to wait for a definitive breakout candle. Long Entry Trigger: A clean hourly candle close above the flag's top line and out of the immediate local resistance. This proves the buyers have absorbed the daily supply. If the bulls successfully clear this zone, the flag pattern projects two major technical targets: 🎯 Target 1: $82.90 🎯 Target 2: $84.80 Risk Warning If the top line of the flag fails to break and price rejects hard from this daily resistance zone, expect a breakdown back through the bottom of the flag to retest lower support levels around $76.50. Protect your capital and wait for the close outside the pattern! What are your thoughts? Is oil ready to clear this daily resistance and launch toward $84+, or are the bears about to step in for a rejection? Drop your comments and updates below! I’m excited to announce that I’m now a Brand Ambassador for AvaTrade!