Crude Oil Gearing Up

Dear Traders
Attached is crude oil chart where we see strong bullish trend and more indicators support the bullish demand,

1. Volume Profile (POC) more buyers and strong bullish demand as it highlighted in Rectangle shape area.
2. Fib Retracement strong support at .236%
3. Second trend confirm the strong rise as we can see the W shape.
4. New target price between 49 and 50 USD

Chart PatternsTechnical IndicatorsTrend Analysis

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