OIL

Oil is now retesting the demand zone, if this level manage to be a strong support, the bullish sentiment of the market will continue. What I think we got here is a retracement completing the rising wedge pattern but overall the big green pinbar candle on the 4 hr tf is a sign of a strong bullish sentiment. My entry set up will be above the 69 level looking for confirmations and with targets 73.19 then 76.63.
Chart PatternsTrend Analysis

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