Indifferently, there is clearly a change in the configuration of the oil market,. so now speculating : This could go back to higher levels of which is favored reflection to Russia, (oil industry), the chart could a possiblle pull back. To once again see an rise escalation.
Price was break current support line (blue) , and bounce later. It's looks like downtrend start confirmation. 1st target - 2900 support line RR: 2.3
MOEX - LUKoil (LKOH) Can be filling a bottom triangle, in the next weeks we can see if the pattern is filling, to go down for 2050/2100 zone and continue bull to 2500 and then continue to break short the triangle. following the fibo. Ideas, comments and corrections. They are always welcome