Long

Dip before a bounce higher

#Oil: Price is expected to drop before the next rally. $58.50 being the point of invalidation with a target of $64.75.
Should the bears manage to sustainable break the $58.50 level, price can drop further to $54 where demand seems to be growing.
Chart PatternsTechnical IndicatorsTrend Analysis

"Volatility is the spice of trading"
(Shaheen Hassanali)

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