CRUDE OIL prediction
Updated
in the 1 minute and 5 min tf we can see a bearish structure forming getting broken by a bull one, but if we look at the 30 min tf we can see that is following the old pattern before the drop(which is a M formation) so we can guess its probabily just going to retest the 78 zone and then do the M pattern, if we go on a daily tf we can also see that we still are in a bull market even tho we have to consider that we still didnt brake the 79 of the last top, and if we go to the 4 hour tf we can see the huge bull we had so my guess is, if tomorrow we brake the 78 and go for the 79+ we could see at least the 82 by next week, but if it goes as im thinking, so M formation, then we might even see the 73/74 zone before the 82.
Note
like i predicted we are currently in the 78 zone after the retest
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