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DzhuneytYusein

Good Times Ahead for OIL

Long
U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
DzhuneytYusein  
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Crude Oil WTI USDWTI wticrude Oil commondity opec Fibonacci structure long-term
3
0
usoil usdwti wticrude oil commondity opec fibonacci structure long-term
OPEC proved it is not going to let oil prices plummet again, 618 retracement completed!

RSI together with MACD and Structure analysis suggests a similar technical story. Fibonacci levels and Previous Strucutre will not let OIL go below 46.

New highest for the year in December? Why not!?
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