Crude Oil (WTI) Price Action Forecast: Bullish Move Expected Next Week?

Ruffy Grant B. Capacio - Technical Trading Analyst

2026-04-24 15:38:21

Key Takeaways:

  • Weekly support at 85.000 - 83.500 shows a strong bullish trend.
  • The daily chart reveals a structural shift from bearish to bullish.
  • Look for a bullish engulfing candle on lower timeframes near 93.062 - 94.328.
  • The ultimate take-profit area targets the 100.000 mark.

When I look at the current market, finding a reliable Crude Oil WTI forecast is essential for planning next week's trades. I always start my analysis by breaking down the charts. You need to see where buyers are stepping in and where the momentum is heading. It makes trading much simpler. 

What is Crude Oil (WTI) Technical Story Telling Using Simple Price Action?

What does the weekly chart show for the Crude Oil price action analysis?

Weekly Chart Simple Price Action Analysis

The weekly chart continues to reflect a strong bullish structure, with price action respecting key support and maintaining upward momentum.

Key observations:

  • The overall trend remains firmly bullish on the higher timeframe. 
  • A potential higher low is forming within the 85.000 - 83.500 support zone. 
  • Buyers are actively defending this level, showing clear rejection of lower prices. 
  • Consistent buying pressure on dips reinforces upside momentum. 
  • While short-term fluctuations may occur, the broader outlook favors continued gains. 

The bigger picture remains intact; bullish structure is holding, and the market continues to signal strength to the upside.

What does the daily chart show?

Daily Chart Simple Price Action Analysis

On the daily timeframe, crude oil is showing a clear and decisive shift in market structure, signaling a transition from bearish to bullish conditions.

Key observations:

  • Market structure has shifted from bearish to bullish, confirming a change in trend. 
  • Price is approaching a retest zone between 93.062 - 94.328, acting as minor support and resistance. 
  • A developing head and shoulders formation suggests a potential trend reversal confirmation. 
  • Buyer presence is increasing, with strong participation in the current price action. 
  • Growing demand supports the case for continued upside momentum. 

This shift strengthens the bullish outlook, with price action now favoring higher levels as demand continues to build.

How can you Trade This Simple Bullish Price Action Setup on Crude Oil?

Daily Chart Simple Price Action Analysis. Bullish Technical Anticipation

To capitalize on this bullish setup, focus on simple price action to time precise entries while staying aligned with the dominant trend. Patience and confirmation are essential—don’t anticipate, let the market show its hand.

Trade Anticipation:

  • Wait for a clean retest of the 93.062 - 94.328 zone (daily minor support).
  • Look for bullish candlestick confirmation at the daily minor support level.
  • Refine your entry on lower timeframes (1H, 2H, or 30M) with a bullish engulfing candlestick.
  • Target the 100.000 level as your take-profit zone.

Following this structured approach keeps your entries aligned with bullish momentum and reduces emotional decision-making. 

Final Thoughts for Crude Oil 

The overall trend for Crude Oil is bullish; don’t fight it, flow with it.

Stay patient, wait for price to return to your zone, and let the market confirm your entry. No rush, no chasing, just clean, confident execution.

If buyers step in, the move to 100.000 is clear. If not, you simply stay out.

Trade with discipline.

Trust the plan.

And let the market show us the way!

For more in-depth market breakdowns, real-time analysis, and structured learning content, you can join our Discord community inside ACY Server:

Discord Server - ACY Securities Server

Start your live trading journey today! 

• Trade Forex, indices, gold, crypto and other global markets 
• Access powerful platforms including ACY, MT4, MT5, and Copy Trading tools 

Move from learning simple price action to executing it in the real market with confidence! 

Create an Account. Start Your Live Trading Now! 

Check Out My Contents:  

Beginners Path: 

Mastering Popular Forex Pairs Using Simple Price Action Strategy 

Ready to learn simple price action strategy? Here’s how to do it step by step:  

Learn How to Trade Gold  

Gold is still one of the most traded assets, here’s how to trade it with confidence:  

Mastering Traders Mindset  

Your mindset is what separates steady growth from costly mistakes. Focus on these essentials:  

Beginner Trading Roadmap  

Not sure where to begin? Here’s a simple roadmap to guide you:  

  1. Common beginner Traders Mistakes → avoid overtrading, revenge trading, and chasing the market.  
  2. Master Traders Psychology → build discipline, patience, and emotional control  
  3. Mastering Risk Management → learn how to have a sustainable trading.  
  4. Master Simple Technical strategies & Indicators → especially price action, key levels, and market structure.  
  5. Applying to Real Market → forex, crypto and indices.  

By building step by step; from basics → real trading → mastering the craft, you’ll gain clarity, confidence, and steady progress without ever feeling overwhelmed.  

Follow me for more daily market insights!  

Ruffy Grant B. Capacio -LinkedIn  

Disclaimer:   
Trading forex and derivative instruments involves substantial risk and may not be suitable for all individuals. Only use funds that you are prepared to lose. It is important to understand how these markets work and the risks involved before trading, and to seek independent financial advice if needed. All market analysis and insights shared are intended for educational and informational purposes only and should not be considered financial or investment advice. April 24, 2026 

작성자

Ruffy is a disciplined trader specializing in FX and cryptocurrency markets. Since beginning his trading journey in 2023, he has developed an approach that combines technical analysis, focusing on price action and market structure, with fundamental analysis. He has successfully passed multiple proprietary trading firm challenges and continuously refines his strategies through backtesting and live market experience.

Try These Next