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It is possible that the Triangle in $OIL has completed with the E wave falling short of the trend line (as allowed)
Lower #OIL prices will certainly ease inflation and allow reduction of interest rates (perhaps be the next #FED meeting, probably not tomorrow.
However bear in mind that IF this is a triangle then this is a PRE-TERMINAL wave and the move lower will be the TERMINAL final wave in this cycle before another sharp reversal higher for OIL in the months ahead,
This can help inform our #BTC #Crypto positioning