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CRUDEOIL | PRZ LEVEL

TVC:USOIL   CFDs on WTI Crude Oil
Crude Oil was making higher highs and higher lows since February 2016, and finally broke the monthly resistance in December 2017 at $60. Since then it was topsy turvy ride towards high of $76.9. That bullish nature is still intact. It seems to us that it will again retest levels of $60.8-62 before starting another uptrend for levels of $85/$94. We are carrying our shorts from $76 from our earlier analysis posted here, and would look for possible reversal at above PRZ level.
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