Since middle of November 2022 OIL began forming the channel. In March 2023 we are still in the channel. Friday 10.03 the price denied to go lover then 74.82. The price made nice reverse and went up, crossed 50 day EMA, which is a good sign for bullish trend. I believe we could achieve 81.66 during the next week. It would be brilliant if we could cross the channel and move up nicely and patiently.
Trend Analysis

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