
Crude oil has been Consildating in sideways channel For past two weeks after the big move from 65 $ to Recent high of 82 $ --- Looking closely at the Consolidation Looks like a bullish Flag and could consilidate for some More Days before breaking on upside opening potential targets of 87$--92$ in the Cuming Weeks
traders Can Look to Buy on every Dip and maintain a SL below 74 $ closing Basis or enter in Fresh Trades When Crude Breaks out of the Channel above 81.25 $
Resistance on upside 84$--87.5$--92$
Supports on Downside 76.7$--75.4$-74 $