Will oil price return to trade above $ 70 levels or below $ 50?

Crude oil Technical analysis

Oil futures rose by more than 4% on Wednesday focused on geopolitical issue - is it sign for changes

Did the oil find support in the $ 50 area or we had a surprise ahead of us?

Crude oil  analysis

Crude oil technical analysis:
Short term bearish as long crude oil remain below 56.80
Medium term bearish as long crude oil remain below 57.30+-
Long term bearish as long crude oil remain below 58.60+-Suggest more down to test price below 55 $ such as 54.20-54.80 $ or even 53$
Break above 58.30 will lead again to high prices – break down 52.80 will confirm more downs
I noticed similar management had happened the price bands in the past
(Price band meeting) And if that is the case then the chances of a price increase are high
If that is so then I expect oil prices to return  trading above $ 70

oil news

Oil prices continue to rise due to global events, Is this momentary or this  is the direction for the future?

 Does the violence that oil has experienced in the past two months come back like a boomerang?

it all starts here: Oil is crashing - The marks were on the wall

crude oil showing suspicious signs

Is there a negative deviation between the oil price and the technical parameters on the charts?

This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice