$OXY is getting its first pull back after jumped +12% from the 0.5 Fib at $49
Pull backs as we know are needed, I do not need to remind anyone about this
Price action building a structure is an opportunity, it tells us the strength of the structure and where to add when support is found.
So I have added in the white fib levels, if we get a small abc wave pull back, with the target between $53 and $52....I will consider adding here.