Crude Oil Bullish

3 Jul

Crude breaking daily chart trendline and showing a U shape breakout. Everything Points to testing previous highs and price continues to make higher highs and higher lows. Not sure what could be the catalyst but there is the beginning of a repeating pattern from last June. Key resistance is at 85-87 and if price can push past this level its likely that a retest of support levels of 84 before a continuation higher. The next magnetic level after 85 is at the bearish order block level at 94.5.