Description
WTI crude oil is consolidating in a symmetrical triangle near recent highs, setting up a potential breakout. Could a move above $105.78 trigger another rally toward $109.74 and eventually $120–$123?
This WTI oil price forecast examines the bullish consolidation pattern, resistance at $106.84–$109.74 and downside risk below $100.68. A bearish breakdown could send prices toward the rising 20-day moving average near $97.78.
For the full article:
https://www.fxempire.com/forecasts/article/wti-price-forecast-triangle-breakout-could-extend-above-106-84-1641438/
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