You are seeing how strong is the momentum of Oil up trend? The up trend looks very sharp and very fast, Now it formed a nice rejection candle toward the trend after touching a key zone.
Note
It's still on the zone and didn't broke it out yet so I still have hope.
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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.