HELLO ALL,

MY VIEW ON OIL IS LONG BASED ON THE BULLISH PUSH IT HAS HAD SINCE LATE APRIL. IT HAS PASSED THE .50 FIB ON DAILY CHART AND I SEE IT GOING ABOVE .618 FIB TO THE 43.50 - 44.00 AREA. I BELIEVE IT WILL OVER EXTEND ON RSI WHERE IT WILL TAKE A NICE FALL AGAIN.

IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
FibonacciTechnical IndicatorsSupport and Resistance

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