CRUDE OIL
In the four-hour chart we can see the price of oil which managed to shed 7 dollars from its value when it dropped sharply back from its peak of 100.50 dollars to the low level of 93.50 dollars. however, the price per barrel of oil shows an attractive opportunity to buy in the long term.
Therefore a return to the level of 92.50 or lower, at around 91.50 dollars a barrel can be used as key point for an increase to a position by an extra portion at a lower and more attractive price with a target to the resistance level of 102.80 dollars per barrel of oil.