# WTI: One More Pullback Before V-Shaped Bounce

> WTI oil price shows one more pullback before V-shaped bounce breaks out.
- Title: WTI: One More Pullback Before V-Shaped Bounce · TradingView
- Summary: WTI oil price shows one more pullback before V-shaped bounce breaks out. WTI oil price is expected to bounce after a short pullback as the market awaits a…
- Keywords: wti, oil, pullback, v-shaped bounce, xti, tradingview, prosignaltrades, business, finance, One, More, V-Shaped
- Source: TradingView — https://tradingview.com/chart/XTIUSD/8JkRW5jl-WTI-One-More-Pullback-Before-the-V-Shaped-Bounce-Breaks-Out
- Published: 2026-10-21T15:57:55+00:00
- Read time: 1 min
- Topics: wti, oil, pullback, v-shaped bounce, xti, tradingview, prosignaltrades, business, finance
## WTI Price Action
WTI has rebuilt almost the entire Mar, Jul decline from the $67.5 July low to a clean V shape along a rising trendline.
## Pullback Zone and Support
Pullback zone: $94.6, $91 with WMA 55 at $94.6 and rising V trendline at ~$91 where buyers defend the structure.
## Key Levels and Triggers
Invalidation: daily close below $88; upside trigger: daily close above falling trendline (~$103) with targets at $106.8 and $114, 118.
## Key takeaway

WTI oil price is expected to bounce after a short pullback as the market awaits a decision between support and resistance levels.