Eyes on Crude oil / USOIL. this reversal that shows a rapid downward movement boosts the probability of a retracement taking place today. The target level should be near 81.15 USD/b (61.8 Fibo).
Alternative scenario would be that the price breaks the support leading to the next support at 80 USD/b.
Alternative scenario would be that the price breaks the support leading to the next support at 80 USD/b.