Oil weekly technical analysis

Oil, as we mentioned last week, has been rising from the purchasing liquidity support area and targeting the resistance area.
Now we expect a decline from the selling torrential resistance area at 73.96 levels to target the purchasing liquidity support area at 79.08 levels, from which the bottom of the week is expected.
But in the case of the daily closing above the level of 73.96, we expect the continuation of the rise and targeting the selling liquidity resistance area at 79.08 levels, from which we expect the week’s top to form.