A lot of questions about WTI Oil. The market still looks very bullish to me. Here are the key levels for you to look for trend-following / counter-trend trades.
For trend following opportunities watch:
Support 1: 61.2 - 62.6
Support 2: 57.0 - 58.3
For counter-trend opportunities watch:
Resistance 1: 74.6 - 76.0
Resistance 2: 78.0 - 79.5
Resistance 3: 84.8 - 86.0
Resistance 4: Major rising trend line
Once one of the key levels is reached, look for the intraday confirmation before you open a trading position.
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