Oil will rise =)

Let's take a quick look at oil

We see that oil moves out of the clutches of the downtrend.
the last high was exceeded and I now start from rising prices.
The 200 is also on our side and gives us additional stop from below.
since the market has been consul- ting for a very long time (since 9 january), the increase should now be commensurate.

close to the 50th fibonacci, the market is once again encountering strong resistance and we must see how the market participants behave there.

enjoy the way

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