WTI is approaching Christmas with a bullish outlook

Pattern: 1D Channel Up.

Signal: Bullish as the price broke the 58.80 Symmetrical Resistance, which (excluding the Saudi attack on September 16th) has been holding since July.

Target: 61.00 (1st 1W Resistance) and if the Lower High trend line (red bold) of the Descending Triangle breaks, 63.50 (2nd 1W Resistance).
Chart PatternsTechnical IndicatorsTrend Analysis

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