CRUDE OIL
In the four-hour chart, we can see the price of a barrel of oil has rebounded from its lowest level in 89.90, is now trading above fractal formed around 90.45, however, the price per barrel of oil shows an attractive opportunity to buy long term.
Therefore a return to the level of 90.00 or a close above 92.50 will be the beginning of a new upward wave. with a target to the resistance level of 98.20 dollars per barrel of oil.
