Crude Oil awaits for another leg down
Fibo 618 (54) + 4HR 50SMA strong resistance area 53.7 and technical indicators
daily fibo retrace to 382
target 51 to be safe
stop ~55
daily fibo retrace to 382
target 51 to be safe
stop ~55
Trade active
Note
downward momentum/volume confirmedfirst target 53
Note
SL extended to 56Trade closed: stop reached
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Disclaimer
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.