WTI Crude Oil prices (USDWTI) was consolidating around 50 since last week, but broke out of this consolidation mode this week.USDWTI 4H Chart 10/21(click to enlarge)Breakout, pullback, confirmation:- The 4H chart shows the bullish breakout and a new high made by USDWTI this week.- We also see that price retreated immediately. - Still, the pullback found support above the middle of the broken triangle.- Price is still above the 200-, 100-, and 50-period simple moving averages (SMAs). - The RSI has pushed above 70 and has been holding above 40.- These are all signs that in the short-term time-frame, Crude is still bullish.At this point, the 50 handle should be a pivot, and crude should remain bullish above this level. A break below 50 however should stall the Sep-Oct. rally. Otherwise, 60 here we come.