WTI Crude Oil Technical Analysis – H1
WTI remains tightly compressed between $73.50 and $76.00, with an unclosed gap still open near $83. A break of either boundary could unleash volatility, while geopolitical news from the Strait of Hormuz remains a key external factor.
An unclosed gap remains at the top (the $83 per barrel area), which preserves the probability of a medium-term move into that zone. To activate this scenario, bulls will need to overcome resistance at $76.00. At present we are observing a rather extreme narrowing of the trading range, which may signal approaching volatility. If the $73.50 support is lost, prices may fall further, potentially as low as $70.
Key Levels:
□ $83.00 (unclosed gap / medium-term target)
□ $76.00 (resistance)
□ $73.50 (support)
□ $70.00 (key downside target)
Primary Scenario:
Flat within the $73.50–76.00 range.
Alternative Scenario:
Breakout of the $73.00–76.00 range in either direction.
Analyst Commentary:
Despite the technical nature of this review, it is necessary to monitor developments regarding the status of the situation around the Strait of Hormuz.
نيكولاي كريشتوبوف محلل أسواق في Investizo يتمتع بخبرة تزيد على 15 عامًا في قطاع الأسواق المالية وأكثر من عقد من الخبرة في التداول. تشمل مجالات اهتمامه أسواق الفوركس والعملات الرقمية، والتحليل الفني، والتداول اليومي، وسلوك السوق.