Analysis: Potential long on Oil between 53.50 and 54.25
-Approaching key support zone
-Price in uptrend and channel
-61.8% retracement of previous impulse leg
-127% extension of current corrective move
-100% AB = CD projection of current corrective move
-100% projection of previous corrective structure
Trade safe and at your own discretion!
-Approaching key support zone
-Price in uptrend and channel
-61.8% retracement of previous impulse leg
-127% extension of current corrective move
-100% AB = CD projection of current corrective move
-100% projection of previous corrective structure
Trade safe and at your own discretion!
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.
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.