I have been waiting a few weeks for Crude to get to this point now, we have tested the 61.8 fib twice in the last few hours and seems to be a lot of buyers there, we are also hitting its uptrend support from back in December and i believe now we will see a continuation to $55 a barrel.
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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.