WTI Crude Oil – Intraday Buy Setup

Bias: Short-term bullish (range support within a broader recovery)
Timeframes: H4 / H1 for context, M15 for execution
Session: London / New York

Market Context:
WTI is recovering from recent lows and is currently trading above key short-term moving averages, indicating improving bullish momentum. On the H1 chart, price is consolidating within the Asian session range after a strong impulsive move, suggesting accumulation rather than distribution. The broader structure supports continuation as long as the lower boundary of the range holds.

Technical Confluence:

Price holding above the Asian session low (range support)

Confluence with dynamic support from short-term moving averages

Higher lows forming on intraday timeframes

RSI holding above the 50 level, confirming bullish control

Entry Plan:
Look for buy opportunities on a pullback into the lower boundary of the Asian range, avoiding chasing price at range highs.

Invalidation:
A decisive H1 close below the Asian session low would invalidate the bullish intraday scenario.

Trade Objective:
Target a move back toward the Asian session high and, if momentum expands during New York, continuation toward higher resistance levels.