OIL US, old gas prices are coming!
US crude OIL is looking good for a bounce, confirmation on both MA's on both time zone are extremely bullish. The purple dot represents the daily moving average and the green dot represents the 4H moving average. Fibonacci shows possibility of sideway movement for a while, this will depend on the market god's mood and events unraveling in the world. I really don't think I see oil having hit it's yearly ATH since I don't think Russia is going to sell oil to most of the world anymore.
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