Since hitting a 6-month high of around $67/barrel on Feb 19, the price action of WTI crude oil has staged a minor pullback of -2.4% to print an intraday low of around $65.20 on Feb 25.
WTI crude oil appears to have formed a double top pattern on its short-term chart, signaling that the recent recovery from the lower support zone may be running out of steam.
The Lowdown: WTI Crude Oil is backpedalling from six-month highs on February 23, 2026, with prices dropping to $65.50…
WTI crude oil has pulled back from its recent swing high at $67.06 per barrel and is currently trading around $65.76, as the commodity retreats within its ascending channel after bulls failed to sustain gains near the upper boundary.
West Texas Intermediate (WTI) US Crude Oil prices open with a bearish gap at the start of a new week and move further away from the highest level since August 4, around the $68.00 mark, touched last Friday.
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*Investment involves risk. You may use the information, strategies and trading signals on this website for academic and reference purposes at your own discretion. 1uptick cannot and does not guarantee that any current or future buy or sell comments and messages posted on this website/app will be profitable. Past performance is not necessarily indicative of future performance. It is impossible for 1uptick to make such guarantees and users should not make such assumptions. Readers should seek independent professional advice before executing a transaction. 1uptick will not solicit any subscribers or visitors to execute any transactions, and you are responsible for all executed transactions.
