Paris Market Global LLC - Expecting Price Reversal
Updated
I anticipate a bullish reversal in the price action of Crude Oil based on Fibonacci retracement levels. As per my assessment, once the critical level of 2042 is breached upwards, we could witness a significant upward movement in the price. Notably, the current price is in close proximity to the 0.5 Fibonacci retracement level, further suggesting a potential reversal to the upside.
Targets to the upside can be - 2051 and 2057
Targets to the upside can be - 2051 and 2057
Trade closed: target reached
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