Pivotal moment for oil right now, we may see it break lower into the 75 area but my analysis says we are awaiting a very impulsive move up. This move may be followed by a low re-test then continuing the new established uptrend. Crude retraced exactly to the 100% extension with a bullish hammer following a bullish harami on a trend line with recent support level. This may rocket up.....
Chart PatternsTrend AnalysisWave Analysis

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