CL1! (future) Crude oil . pullback at 41.77 for wave (c) of major wave (IV). Also price develop a pin bar at 62.03 of 161.8% Fibonacci extension of wave (a) to wave (b). Also
however impulse waves of wave (V) is expected to establish to 161.8 Fibonacci extension level of (IV) from 42.10 to 62.38.
I completely agree, we are still sitting on the upper trendline and I do believe we will see sub 30 prices. Fading the long masses... Most charts are long but we are still in a downtrend until proven otherwise.