Oil Target 51.60$ (1.618%) then expect a drop to at least 44$
Note
I have closed the long trade @ 51.59$ with nice profits from 48$ and opened a small short at 51.59$.Oil might push a little bit higher piercing the upper trend line but i expect it to fall back immediately and reverse to the downside
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Disclaimer
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.