It has made the high on 5th Oct 2018 and now retraced up to the 61.8% Fibonacci levels. If the crude crosses the levels of 64 then we may see some big up move towards 80 dollars. However, support is placed around 53 levels. Wait for the confirmation to breach the 64 then we can see the levels of 69,76.5 & 80 levels until its trending in a upward channel.