HomeContributorsTechnical AnalysisWTI Crude Oil Wave Analysis

WTI Crude Oil Wave Analysis

WTI Crude Oil: ⬆️ Buy

– WTI Crude Oil broke resistance level 90.00

– Likely to rise to resistance level 95.00

WTI Crude Oil recently broke the resistance zone located between the resistance level 90.00 (which has been reversing the price from June), resistance trendline of the daily down channel from March and the 61.8% Fibonacci correction of the dotard impulse from May.

The breakout of this resistance zone accelerated the active minor impulse wave 3 of the intermediate impulse wave (C) from the start of July.

WTI Crude Oil can be expected to rise further to the next resistance level 95.00 – target for the completion of the active impulse wave 3.

WTI Crude Oil Wave Analysis – 9 September 2026


FxPro
FxProhttp://www.fxpro.co.uk/?ib=606792
FxPro is an award-winning online broker offering Contracts for Difference (CFDs) on forex, futures, spot indices, shares, spot metals and spot energies. FxPro serves clients in over 150 countries worldwide and offers multilingual customer support 24/5. Trading CFDs involves significant risk of loss.

Latest Analysis

Learn Forex Trading