Potential rally at this zone due to :-
1- 0.382 Fibs retracement for _BA leg
2- 0.618 Fibs retracement for _CA,DA legs
3- valid structure level.
4-valid channel pattern
5- RSI oversold
1- 0.382 Fibs retracement for _BA leg
2- 0.618 Fibs retracement for _CA,DA legs
3- valid structure level.
4-valid channel pattern
5- RSI oversold
Note
First target reached at 32.65Note
Second target reached at 33.70Note
expecting to reach the $ 38 per barrel (third target ) which will be at previous structure level Note
$ 38.00 per barrel reached !Note
Final target at $44.00 
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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.