Crude is extended down on all time frames which creates the potential for a move up.

Weekly – still in the up move to 95.00 until stopped out at 71.63.

Daily – next target on the downside is 73.74.  today’s  trade below 75.38 is signalling a new short entry to 72.19.
78.61 will start a new move up to 82.85.
if the Feb low is taken out, then 65.81 is activated as a down side target.