A to B is a perfect 0.618 retrace of the impulse leg down...watching to see if oil heads towards the 0.786 retrace of the impulse leg up to point C. Potential oil target 29.25
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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.