WTI Crude Oil (USDWTI) broke above a descending triangle pattern during the 7/20 session. However, I won't call it a bullish signal. USDWTI 4H Chart 7/21(click to enlarge)Still bearish: The 4H chart shows the break above the triangle.Still, the resistance so far around 46 is maintaining the pattern of lower highs. Therefore, the prevailing bearish breakout (from a larger descending triangle) is still in play.Also note that price is below the 200- and 100-period simple moving averages (SMAs) which shows bearish bias. Finally, the RSI is holding under 60 after it tagged 30. This reflects maintenance of the prevailing bearish momentum. I think a break above 47 would be needed to open up the bullish scenario.