Trend Changing for USDOIL ??? 2nd June 2022

Price just complete fibo 423.6
Then follow by bullish engulfing
Is it retracement or new Uptrend ??

If retracement, price will stop at SNR 113.23
However, if price manage to break this SNR 113.23,
that means trend already change from bearish to bullish
Trend Analysis

Exención de responsabilidad