Seems like 50 $ are acting like a difficult resistance for oil. I would expect a re-test of 48 $ and maybe a breakout of it's main trend as we already bounced 90% from bottom, crashing to 38$ to start forming a right shoulder.
Note: The H&S is a possibility I considere and would be perfect in TA/FA as OPEP didnt do anything and oil production is still high.
Regards!
הערה
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Stop raided and now turning back down. Let's start the party
GG Roberto ! :D