We haven't seen such a big drop in 1991. This let alone is a big reason to think that the price should in fact make atleast some retracement back. The RSI is at 5-10 on the 1h to daily, so this means we are absolutely oversold. You could play it safe and take profits at 33$. Good luck to everyone, trade with tight stoploss, as OIL is really volatile and it could aways go down to 25-20$.
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