We see the EIA show a slight bullish sign and PA was acting like it is heading into winter, but that is due to a one week spring weather spike and is not sustainable. So I am expecting a big retrace in 1 week, or 2, unless it hits the new high. The strong retrace would omit the right should build directly.
Commento:
could be a 3 Drives pattern
Commento:
similar OIL structure which cause it fall.
Commento:
many different patterns point to same down target...
Commento:
first tp reached