Will it reach Golden Pocket Zone?

566
WTIL Oil Analysis
Closed at 83.99 (17-04-2026)

As shared in last analysis, descending parallel channel breakout
done & target also hit.
Now the bearish divergence on shorter tf played well & dragged
the price towards the Support level around 80.
Now there are 2 options, either the price hit the previous
breakout level of descending parallel channel around 70s or
it may enter in Golden Pocket Zone & reverse from there.
ABCD pattern may play well if 130 is crossed & sustained.
The resistance zone is around 120 - 130, crossing this
zone may lead the price towards 150 & then around 180.

Aviso legal

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