oh123
Short

OIL - Short

OANDA:BCOUSD   Brent Crude Oil
OIL SEEMS TO HAVE FULFILLED ITS RETRACEMENT TO THE 61% FIB

ADDITIONAL CONFLUENCE;

PRICE SEEMS TO HAS ALSO REJECTED OF THE 21 SMA ON THE ON 2HR CHART, PROVIDING AN OPPORTUNITY TO CATCH THE IMPULSE WAVE OF THE ELLIOT WAVE OR LEG 3.

Fib extension levels fall just shy of monthly resistance of $63

USD/CAD chart also shows price is over extended and due a pullback

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out