Joseph_King
Short

Crude Oil Bearish Butterfly

NYMEX:CL1!   Light Crude Oil Futures
It appears that a bearish butterfly hasn't completed with perfect Fibonacci rations at 7290 as well as .382 of $147/$26.

Crude oil             may now correct, either to 0.382 of the C/D line or deeper, possibly back to .236 of $147/$26 and 0.618 of $42/$73.

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