As the title says, there's a confluece of the daily uptrend signal with a 4h uptrend signal. Both point to the same time for expiration of the bullish momentum. Since the top I initially called in my other chart (see related ideas), crude fell down in a potentially impulsive manner, implying a resumption of the long term downtrend was at play. I still think that's the case, and would only be invalidated if my EW count is incorrect, or if there is a move above 62.55 here. EW matters aside, time at mode points to a turn to the downside soon, and that would imply potentially great opportunities:
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