The turning point would be between 2980 and 3010 , due to strong structure levels as horizontal and lines support and resistance are all consolidate at the same zone.
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Completion of valid Gartley Pattern would be inside channel , good opportunity for long position.
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Technically , beside the completion of the butterfly pattern at structure zone , the crude oil is expected to rally after the bull back and the resistance will become support level at $46.60 per barrel , this might will appreciate the loonie .
Valid Bearish Gartly Pattern.
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Potential reverse at the mentioned zone due to valid Head and shoulders pattern and valid Three drives pattern in lower time frame
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