Back to $50 per barrel before going to 120 ?

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The simple answer is we dont know. but all we know is that we have a complete or about to be completed classic impulsive 12345 progression wave. what usually follows after this kind of moves is going back to one of the fib retracement levels (i.e 0.38 as an example) before going more upside.


Trade responsibly
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70 is the next support. keep shorting fellas
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Wait for correction, our next Support level is 50
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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