WTI Crude Oil 4H Analysis | Potential Long SetupAfter a prolonged downtrend inside a descending channel, Crude Oil has broken out and is now consolidating near the 0.5 Fibonacci retracement level.
🔹 Buying Zone 1: 59.30 – 58.80
🔹 Buying Zone 2: 57.40 – 56.70
🔹 Stop Loss (SL): Below 55.90
🔹 Target (TGT): 66.40
Technical Outlook:
The price is re
