Just following the trend until fundamentals improve.
I always assume oil will hit .78 retracements and 37 is the last 25-77.
I always assume oil will hit .78 retracements and 37 is the last 25-77.
Note
Assuming a new wave 1 is complete. Looking for 2/3 - 80% of a retracement of this wave and test the previous trend support from the bottom. Extension of this wave 1 is primary target of long term trend line at 60-60.25 Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.