The intraday chart around the 1hr and 2hr is a tad hectic with double / triple top, so the daily chart here has a triple bottom for structure support and a head'n' shoulders pattern which I dont think has triggered quite yet.
This trade I recommended on Monday for a long position and these price levels are a bit of a bargain.
If you wanted to buy in I would be buying the closing candle at 69.20
1 HR chart below. Price is just a nudge under 69 now
Trade attivo
* Oil pushes up into a resistance area. Check below in notes & I will take a look at what's beyond the resistance and a possible Long entry & if I think it is worth while or risky.
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