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2609 USOIL down to where for a correction
CFDs on WTI Crude Oil
Short
2609 USOIL down to where for a correction
By FUNTRADER-Vera
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Updated
Sep 27, 2023
7
Sep 26, 2023
Hello traders,
USOIL seems hard to push for a new high before a correction.
Check the weekly outlook, it is going to reach the low of last week.
Breaking through it will make it possible to reach the bottom FIBO ext 1.414-1.618 position where we were expecting with little chance.
GOOD LUCK ON LOOKING FOR ENTRY TO SELL.
LESS IS MORE!
Sep 27, 2023
Note
Low of last week become a strong support for usoil.
Usoil did not break through it.
So the lower fibo ext positions are now not considered.
Chart Patterns
Trend Analysis
usoilanalysis
Wave Analysis
FUNTRADER-Vera
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Related publications
9.25-9.29 USOIL Weekly Outlook
by FUNTRADER-Vera
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