US - Oil - Life Time Analysis

Three Horizontal Lines have been drawn. Upper most line is the 79.72; showing weekly Horizontal Support. Here, it is showing a reversal.

Lowest Line is the line where two previous lines have made trend line. But, these trend lines are not final unless, third valid point is traced.

Time remaining for the week to end is around 2 days and 20 h. Please wait for the week to end or the price to retrace from the lowest most line so that a level gets confirmed.

Please check me previous posts on US Oil. Link Provided.

I am not a Registered Analyst with any regulatory agency.

Let you grow and I may following your foot steps.

Thank You.