Currently watching Oil with my analysis based on a daily timeframe.
Confluences are rejection off or around the 61.8% Fib level,
Trend line resistance
Bear Flag Pattern
All of above hint towards shorts, however Oil is a beast of it's own at the moment!
Confluences are rejection off or around the 61.8% Fib level,
Trend line resistance
Bear Flag Pattern
All of above hint towards shorts, however Oil is a beast of it's own at the moment!