Looks like crude oil is in complex correction which has crossed 100% extension and might touch 1.27 (78$) or 1.382 (74$) level
It is also trying to take support at 79-78 level which is 0.786 retracement level from recent low-high below that can touch 78 or 74 level in coming days...
It might also take support on long trendline 75$
If sharp move from 74 level then it MIGHT make another ATH
If it comes before 75 then try buying at 74 level with Sl 73 & target of 90$ +
This is just my view please make your own analisys and trade safe
It is also trying to take support at 79-78 level which is 0.786 retracement level from recent low-high below that can touch 78 or 74 level in coming days...
It might also take support on long trendline 75$
If sharp move from 74 level then it MIGHT make another ATH
If it comes before 75 then try buying at 74 level with Sl 73 & target of 90$ +
This is just my view please make your own analisys and trade safe
