Crude went down to its extended target of 69.70 in May and has been in retracement of that down move since.
the downward time pressures end in the first week of September and trade pressures are near a bottom.
Daily –
evincing the confusion by showing higher highs and lower lows, trading between 83 ans 69 with no direction.
currently trade pressure has turned up and the entry price of 73.74 has produced a new up target of 82.37, with 76.57 as first resistance.