DVN appears to have finished its wave 2 bottom and is entering wave 3. Indicator went long on March 6 and is overbought on the daily so there may be an opportunity to buy after a pull back around $45. Either way if this is wave 3, there is a long way to go so just being in the trade is what's important.

DVN

tradingview.com/chart/l6djspEs/?symbol=CME_MINI:ES1!
Chart PatternsTrend AnalysisWave Analysis

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