WTI Crude oil prices rose over 4% on Friday and closed above the 33.66 level.
However, price action remains a bit doubtful at the moment.
This is, of course, unless we see a strong rally above this handle.
The next main target level is near the 40s for crude oil. Price action in the commodity remains somewhat mixed which opens the risks of a correction lower.
The Stochastics oscillator is also somewhat bearish that suggests the possibility of a pullback.