USOIL/UKOIL idea
Earlier in the last analysis, I said that I expect a correction from level 40 and an indication of potential targets.
Perhaps the correction ended at level 34(fibo 32.8), and we will see a continuation of the trend to levels 42-43
Today, the market on the daily chart can form a bullish pinbar, which will mean the end of the correction.
There is also an option with correction deeper, as I indicated on the chart to the level 31-32 (fibo 61.8)
Earlier in the last analysis, I said that I expect a correction from level 40 and an indication of potential targets.
Perhaps the correction ended at level 34(fibo 32.8), and we will see a continuation of the trend to levels 42-43
Today, the market on the daily chart can form a bullish pinbar, which will mean the end of the correction.
There is also an option with correction deeper, as I indicated on the chart to the level 31-32 (fibo 61.8)
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