Crude Oil - one more bounce or going directly lower?
ABC with taregt fibs on the chart in the green zone. 1.618 first and then slightly lower to the 200% fib to finish off C wave, then sharp and swift reversal. If it keeps going below this support, then opens the door to structure that points to $61. One step/level at a time.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.