We already broke the old red channel line. Resistance on 75.50 - 76.00. If cleared, expect the price to go up at 76.60 - 77.00. Likely the intersection where red channel line meet the green channel line will create heavy resistance. The cross will occur at 77.00 - 77.50. From there, the price may fall down to the bottom of green line. Notice the lower low at upper blue line and channel change from uptrend to downtrend? It's the sign of weakness of CL. Although I bought CL today cause I am not use this analysis on my trade. My capital won't allow me to SL at 100cent. But for those who can, hope this analysis help.
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