Oil moves in an ascending channel?

٧ مارس ٢٠٢٣

Brent oil needs to conquer the resistance of 200EMA at 89.60 before we can talk about 90ish price. A bit hefty upside due to some bearish divergence seen across indicators.
More likely to stay neutral in the range 81.51-89.60. Yeah it is a big volatile range.