WTI crude oil under the strong bullish pressure today after the price broke the key resistance level 74.00 (top of wave (b) from the end of July). The breakout of the resistance level 74.00 accelerated the impulse waves (iii) and iii – which belongs to the strong upward impulse wave 3 from the middle of August. Given the improved global risk sentiment and clear daily uptrend – WTI crude oil can be expected to rise further toward the next resistance level 76.30 (multi-month high from July and the target for the completion of the active impulse wave (iii)).