FX:UKOIL   CFDs on Crude Oil (Brent)
I see a MONTHLY bearish trend in its second cycle (w/ its respective pullback in progress), also in WEEKLY and DAILY "bullish" ( finalizing the pullback of the second impulse), which suggests one more impulse, the 3rd one, reaching the purple rectangle above finalizing the monthly pull back.
In 4h and DAILY, following the momentum, first will go down for stop hunt levels, using fib. it's in OTE's zone and also a confluence with a monthly key level, everything in the orange rectangle, this in order to buy and have a nice entry until the purple rectangle.
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