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Market Analysis 1 min read

[DEMO] WTI Crude: Fibonacci Roadmap into Year-End

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TopWealth Editorial

TopWealth Research Desk

[DEMO] WTI Crude: Fibonacci Roadmap into Year-End

Key Takeaways

  • 2% retrace at $78 is the line in the sand for the recent recovery rally.
WTI rallied from $73 to $84 in the latest leg. Fibonacci retracement zones: - **$81.80 (23.6%)** — first profit-take zone - **$79.80 (38.2%)** — must hold for bulls to retain control - **$78.50 (50%)** — golden zone, deep value bid - **$77.20 (61.8%)** — last line, invalidates rally if broken Net length on CFTC report at 5-month high. Positioning argues for a cleansing pullback before the next leg.

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