CRUDE OIL 4H - BUTTERFLY PATTERN

Looks like we are nearing a PRZ of a butterfly pattern on a 4H chart of Crude Oil.

PRZ in confluence of 1.272XA and 1.618AB extension

Targets will have to be recalculated when actual top occurs. At the moment preliminary targets are marked with the green rectangles.

Let's see how this is going to play out.

Happy trading!

GG.
ButterflyCrude OilHarmonic Patternsshort

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