Oil has been patient for the past week or so and is in line for a bounce back to recent highs at around $90-92 over the next week or so. I am expecting some resistance and then a quick drop based on the Fibonacci circle drawn on recent most recent high and lows. The price is currently at the bottom of the circle which encounters the most resistance and there is a gann fan trend line just below as well. The most common movement from here on a circle is a ride and exist out the right side and then I expect a drop to the fan line. If something fundamental occurs such as in this war - it could easily rise significantly instead.