WTI crude oil under the bullish pressure today after the price broke above the earlier minor reversal high level 81.10 (which stopped the previous sharp upward impulse wave (iii) earlier this month). The breakout of this reversal level accelerated the active short-term impulse (v) – which belongs to the sharp upward impulse sequence from the middle of August. Given the strong daily uptrend and the continued energy crisis seen across the commodities markets in Europe – WTI crude oil can be expected to rise further toward the next resistance 84.00.