WTI OIL Waiting for the break out

Pattern: 4H Rectangle (blue shape).

Signal: Bullish every time it hits the 1W Support Zone (1) or if 54.85 breaks (2).

Target: (1) = 54.80 (2) = 57.45.

*The break out from the 1D Lower High (dashed line) practically gives a bottom signal waving a medium term bullish reversal.