US OIL / UK OIL ... Short-Term Reversal (Update)

1. Nice Structure level
2. 618 Retracement
3. Top of Channel
4. Monthly Fib R3
5. Daily Bearish Engulfing

Don't expect a full reversal for now, but a move down to the 50% with structure confluence is looking probable.
618retracementbrentoilChart PatternsCrude OilFibonacci RetracementTechnical IndicatorsOilTrend AnalysisCrude Oil WTI

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