I´m expecting oil to test the lows of the day but bounce up on the US session. If the triangle is confirmed, it shouldn´t break up but head down again and break the entire correction limits by tomorrow. Probably, EIA report will be a trigger same as on previous weeks.
Entered long Brent at 47. SL: 46, TP: 49.45 as per Fibo extentions
Our levels to watch are 45.80 or 47.50. Once the price secures any of these levels, we can talk about entering long or short