BCOUSD is approaching our first resistance at 68.737 where we might see a corresponding drop in price to our first support at 66.345. Stochastic is also approaching resistance where we might see a corresponding drop in price.
BCO is approaching our first support at at 58.978 (horizontal swing low support,100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 60.805 (50% Fiboancci retracement, 61.8% Fibonacci extension). RSI (21) is also approaching our support where we might see a corresponding bounce in price above...
Hi everybody! This is a true free fall of the BCOUSD, I tried waiting for a retracement but it is not coming. Verified that on higher TFs(Weekly/daily). Next strong resistance arround 43.264(target as well) I verified every step of the downfall that happened, that'is why I put a small fibo (there was 6 before) ( 5/6 follows the .382 fib) Little bit of...