Crude Oil ! Pre-breakout trading to move up

5 thg 5, 2022

Crude Oil is trading in an uptrend. Earlier there was an attempt to go below 95.82, but it failed on the third test and the price returns to a local uptrend.

On the chart, we see a strong resistance level of 108.75, which the price is testing on a near retest (high potential in a breakout)
After a false breakout, we do not fall, but return to the level and switch to pre-breakout trading.

I assume a breakdown of the resistance of 108.75 and an increase in the price of oil to a strong level of 113.43

Sincerely, R. Linda!