Showing possible levels for Oil price, historical analysis of past years showing that price could get at correction at closest Fibonacci level bouncing in one of the trend lines, so $50 levels needs to wait a bit but soon
Take care
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Here is an update:
Trend is pretty clear as you noticed and I see above $70 by end of first quarter 2021
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Beyond Technical AnalysisChart PatternsOilTrend Analysis

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