Been following oils upside progress by noting how it moved during the post financial crash lows in 09. Specifically this current uptrend alongside the price action of 24th may 2010 -> 25th april 2011 (overlayed on chart). Following this analog, we've found resistance at 0.5 retrace of 2014 highs -> 2016 lows, and can expect a retest of the rising wedge we broke from at the end of 2017 and then potentially testing the .382 & .236 fib retraces off this upside move.
analogChart PatternscrudeTrend AnalysisCrude Oil WTI

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