Oil weekly technical analysis

Oil is moving in an upward direction, expected to start descending from the resistance area at 72.04 levels, to target the support area at 58.65 levels.
But in the event that the four-hour candle closes above the level of 73.98, we expect the rise to continue and target the second resistance area at 79.16 levels, from which it is expected to form the top of the week.