WTI price outlook: US Crude Oil spot pressing against 0.618 aupport Arc

Mohamad Gharib Independent Analyst

US Crude Oil spot (WTI): Arc cycle analysis

Overview: Based on Arc Cycle Analysis applied to the 1h chart, US Crude Oil Spot is interacting with the 0.618 Support Arc within the current Arc Cycle. Price is breaking this Support Arc, suggesting the potential for a bearish breakdown toward the next Support Arc.

Metric	Reading
Market Bias	Bearish Acceleration
Preferred Scenario	Decline Toward the Next Support Arc
Primary Target Zone	77.30
Scenario Invalidation	Sustained close above 82.00
Current Arc Level	Support Arc (0.618)
Cycle Status	Testing Support Arc
Arc Integrity	Weakening

Market outlook

Price is breaking the 0.618 Support Arc, where continued selling pressure may result in a breakdown toward the next Support Arc. A sustained breakdown below the Support Arc would support continued movement toward the next Support Arc at $77.30 (0.786 Arc).

Conversely, failure to achieve a sustained 1h close below the Support Arc would invalidate the bearish scenario and could shift the outlook toward the next Resistance Arc.

Author

Mohamad Gharib

Independent Analyst

Mohamad Gharib is a Financial Markets Analyst and Quantitative Researcher with more than 18 years of experience in financial markets, including 15 years as an FX Quant Trader.

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