USOIL Price Forecast Bullish Setup Triangle Breakout? in Motion

2 Haz

Crude oil (WTI) has broken out of a long-term symmetrical triangle signaling bullish continuation after weeks of tight consolidation. This move reflects renewed buying pressure and potential for a strong rally ahead Technical Highlights Symmetrical triangle breakout confirmed Clean structure with support at $60.23–$59.83 holding firm Price pushing through minor resistance at $63.86, eyeing next zones

Psychological target 72.10
Resistance; levels 63.80 - 67.10 - 72.10
Support levels 60.30 - 59.80

With bullish momentum building a rally toward 67.10 and potentially 72.10 looks increasingly likely As long as price holds above 60.00 the bullish case remains intact...

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