WTI Crude Oil on a daily timeframe (D1). Here's a detailed break

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Key Elements in the Chart:
Price Movement:

The price is currently at $76.23, showing a bullish move of +2.67%.
There is a visible uptrend after bouncing off a support zone.
Key Levels (Green Horizontal Lines):

$72.95: A significant support level.
$82.00, $84.28, $86.64, $88.92: Potential resistance levels, with $88.92 being the upper target.
Descending Trendline:

A long-term descending trendline acts as resistance, and the price appears to be breaking out or retesting this line.
Target Zone:

Marked in yellow, indicating a potential short-term target where the price may consolidate or face resistance.
Wave Analysis:

Labeled "a," "b," and "c," it represents a corrective or impulsive wave structure, suggesting a move towards higher levels.
Gray Box (WCL):

A key area of accumulation or support, possibly a weekly close level (WCL), where significant buying interest occurred.
Projection:

The white arrow indicates a potential bullish continuation towards higher resistance levels. A pullback might occur near the green zone before the next leg up.
Observations:
Bullish Momentum: The breakout above resistance suggests further upward movement, provided the price stays above $75.37–$74.54.
Next Resistance: The target is likely $82.00–$84.28 if the breakout is confirmed.
Pullback Scenario: If the price fails to hold the breakout level, a retest of the WCL zone or $74.54 is possible.
Strategy:
For Buyers: Look for confirmation of the breakout above the trendline and target higher resistance levels.
For Sellers: Watch for signs of exhaustion near the target zone or resistance areas.

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