WTI has been rising in the last few trading sessions – in line with our earlier forecast for this instrument. The price is currently trading near the resistance area located between the key resistance level 30.40 (top of the previous correction (b)) and the 38.2% Fibonacci retracement of the previous sharp downward impulse from the start of March. If WTI breaks above the resistance level 30.40 – the price can then rise further toward the next resistance level 36.15 (top of the previous correction (iv) from last month). In the alternative scenario – the price can correct down to the next support level 25.00.