US Crude Oil CFD forum
Circled is the pink arrow that represents a Minor Pivot High at 74.91. It's a form of weak Resistance. If the bulls can't breach that level with a candle close at that price or higher, then the bears can head down. But if the rally surpasses that Minor Pivot High, the bulls can head towards 75.88, which is the 4th bullish leg of a tall W-shaped pattern.

