This 1-hour chart of WTI Crude Oil shows a strong recovery from the mid-chart bottom, followed by a steady uptrend supported by a rising trendline. Price action is holding above the Ichimoku Cloud, indicating sustained bullish momentum.
Higher lows and higher highs confirm trend continuation, with price recently bouncing from both the ascending trendline and cloud support. The structure suggests buyers remain in control as long as price respects these dynamic support zones.
**Target:**
* Upside target: **100.33**
A continuation above recent highs and trendline support increases the probability of reaching this level. A breakdown below the cloud and trendline would weaken the bullish outlook.
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telegram channel link
t.me/+r9_PoETjAr85Nzlk
join to get daily basis 2-3 free signal for educational purpose
t.me/+r9_PoETjAr85Nzlk
get information about Gold, BTC and forex market
t.me/+r9_PoETjAr85Nzlk
t.me/+r9_PoETjAr85Nzlk
join to get daily basis 2-3 free signal for educational purpose
t.me/+r9_PoETjAr85Nzlk
get information about Gold, BTC and forex market
t.me/+r9_PoETjAr85Nzlk
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.