Oil presented a double top pattern forming on the daily time frame but failed to maintain bearish momentum. On the 15 Min chart oil printed a higher low, on this retracement if this .786 level is held on the fib Oil could break the highs.
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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.