OIL SHORT: Count Suggests Upcoming Drop to 44
Updated
Hey traders! Looks like we will may see a drop to the 44 zone. If price rallies above invalidatino level, we will need to recount and will likely be seeing further sideways movement in a symmetrical triangle. If price reaches target, the next impulse will yield gains in either direction. We will simply wait for signals if TP is hit.
Note
Nice drop! +0.80 so far:Note
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