US Crude Oil (WTI) is rangebound since mid- February2022. As on May 202, It is consolidating in a triangular pattern. Untilit breaks below the rising trendline support which comes at round number 100$,the view remains bullish.
The next upside destination as per Fib expansion level is around 130$ per barrel. And a break below the trendline with a successful retest as resistance would push it lower towards 94.60 and 87.00in continuation.