WTI Crude Oil Wave Analysis – 23 October 2026

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WTI Crude Oil Wave Analysis – 23 October 2026WTI Spot OilFXPRO:XTIUSDFxPro WTI Crude Oil broke resistance level 100.70 – Likely to rise to resistance level 106.70 WTI Crude Oil recently broke the resistance level 100.70, which stopped the previous impulse wave i in the middle of September. The breakout of the resistance level 100.70 accelerated the active impulse wave iii of the higher order impulse wave 3 from the start of October. Given the clear daily uptrend, WTI Crude Oil can be expected to rise further toward the next resistance level 106.70 – which stopped wave B at the end of April and wave ii in the middle of May.