CL (D1) Short Term

By SpinnakerFx
Updated
Crude is at a falling point. After reaching the low of 75.27, it made a Fib retracement at 61.8.
It is now on its way to test 75.27 again, but I consider it to be with strength to well below until 70.25.
However this zone is a strong support, so there is the alternative of not drilling down and going up again to 93.74.
CL1!
Trade active
Fib 61.8 its a strong resistance 83.00 Price in Bear movement.
Trade active
First support reach 70.25
Still open in Bear move
Trade active
Still the same trend....
FibonacciTrend Analysis
SpinnakerFx

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