Oil turning down for a retrace?

I have marked out what *May* be a level for oil to turn lower for a retrace of this bullish run.

If the rounding top is set, I could see oil easily pushing to 67 for a minimum 50% retracement of the bullish rally.

If the rounding top is broken by a close above 71, 72-75 could be achieved within reason before the next pause in bullish momentum occurs.

Trade safe, trade well.

*This is not trade advice but is instead a method for the archival of my preliminary trade ideas*

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