Oil on a daily time-frame seems in an uptrend move, developing a big corrective flat, and when we go on lower timeframe like the 4H chart, there's also a flat correction within it, and that flat is a running flat i think, when we break above that correction we're gonna go higher, and the targets will be, 78.713, 80.002, 80.367, 81.404 , 81.866.
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Note
✅ First target reachedNote
✅ Second target reached, with over 170 pips.
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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.