With a sudden OPEC decision to cut oil production rate, the market opened with a huge gap up.
The price is currently testing a solid horizontal supply cluster. What we know about gaps is the fact that in 80% of the time they tend to be filled. I believe that sellers will push the price from the underlined resistance and initiate a bearish move.
Goals will be 78.57 - middle of the gap, 75.75 - gap open.