Crude Oil set a new local higher high higher close on a daily, violating a key horizontal resistance.
It opens a potential for a further growth to 89.0 resistance.
I would suggest looking for entries after a pullback. The safest zone to watch is a demand zone based on a broken structure and a trend line of a rising channel.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.