Oil Target 51.60$ (1.618%) then expect a drop to at least 44$
Comment:
I have closed the long trade @ 51.59$ with nice profits from 48$ and opened a small short at 51.59$.
Oil might push a little bit higher piercing the upper trend line but i expect it to fall back immediately and reverse to the downside
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Oil might push a little bit higher piercing the upper trend line but i expect it to fall back immediately and reverse to the downside