My projection for US OIL within the next months
That´s my feeling. We would see a higher high in price (around 138 usd) absorbing all that selling-offer zone which would cause a retracement to the 70 usd area. If we see a negative divergence on RSI on that HH (HH in price Lower Low on rsi indicator), possibilities will increase on favour of that retracement. On top of this, that price action would form a bullish Harmonic Pattern to buy aroun 70-ish. Let´s see...
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