Oil weekly technical analysis

Oil is moving in a bullish wave, expected to drop from the selling liquidity resistance area at 77.15 levels, to target the purchasing liquidity support area at 72.32 levels, from which we expect the continuation of the rise and targeting the purchasing liquidity resistance area at 79.16 levels, from which we expect the week’s top to form.
But in the event that a four-hour candle closes below 71.45, we expect the decline to continue, targeting the purchasing liquidity support area at 65.54 levels, from which the bottom of the week is expected.