May. 19 at 4:13 AM
$WTI crude is sitting in a symmetrical triangle that has been compressing since January 2026Upper trendline at
$102. Lower trendline at
$92 and rising. Apex is weeks away.
$63 to
$112 range in one year. Iran tensions. OPEC discipline. AI power demand. 90-day China truce removing demand destruction fear.
🐂 Break
$103.50.
$106.50 next.
$112 ATH retest in play.
🐻 Lose
$92.46. Triangle breaks lower.
$86.50 first target.
⚠️ The triangle resolution does not care about your individual stock thesis.
$CF,
$SKYQ,
$STAK,
$USAR all move with this. Know your macro.#WTI #CrudeOil #Oil #Macro #hovdid