Crude Oil (WTI) Bullish Pattern Forming 🛢️

snapshot

It looks like WTI Crude Oil is forming an ascending triangle formation on a daily time frame
that signifies a bullish accumulation.

To confirm a bullish continuation, monitor the neckline of the pattern.
If the price breaks and closes above 74.3 that will confirm the strength of bulls.

A bullish continuation will be expected to 76.6 level then.

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brentbrentoilCandlestick AnalysisCrude Oil Futures WTI (CL1!)Crude OilfuturesOilTrend LinesTriangleCrude Oil BrentCrude Oil WTI

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