Showing possible levels for Oil price, historical analysis of past years showing that price could get at correction at closest Fibonacci level bouncing in one of the trend lines, so $50 levels needs to wait a bit but soon
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Take care
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Here is an update:Trend is pretty clear as you noticed and I see above $70 by end of first quarter 2021
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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.