Oil has been on rally for passed month, and the retracement seems to be completed soon.
- Retracement point C would probably squeez slightly below point A to form a pivot point / reversal
- The next new wave 1 would rally from level of point 4 of previous wave
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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.