WTI recently broke the resistance area lying between the resistance level 36.90 (top of the previous wave (iv) from March)) and the 61.8% Fibonacci retracement of the previous downward impulse from February. The breakout of this resistance area should extend the active impulse wave C. Given the strength of the active impulse wave C, WTI is likely to extend the gains toward the next resistance level 43.60 (former support from February and the target for the completion of the active ABC correction (2))
