WTI recently broke above the key resistance level 58.000, which was set as the likely upward target in our earlier forecast for this instrument. The breakout of this resistance level should accelerate the active impulse wave (iii) and iii – which belongs to the medium-term impulse wave 3 from the start of October. WTI is likely to remain under the bullish pressure and to extend the gains toward the next resistance level 59.310 (top of the previous wave (b) from September and the target for the completion of the active impulse (iii)).