WTI( USOIL) has us surprise by rising up 37.9% in the last few months.
OPEC and Russia just agreed on something more strict reduction which Trump doesnt like that much.
Could this fundamentally boost price of WIT (USOIL) up?
Back on these charts where daily chart is showing a trend which is not finished yet .
Price would follow D up to E (fibo 1.27 of 1st wave) again later if nothing bearish signal appear again. So the purple zone is a expecting rejection region.
LESS IS MORE!
OPEC and Russia just agreed on something more strict reduction which Trump doesnt like that much.
Could this fundamentally boost price of WIT (USOIL) up?
Back on these charts where daily chart is showing a trend which is not finished yet .
Price would follow D up to E (fibo 1.27 of 1st wave) again later if nothing bearish signal appear again. So the purple zone is a expecting rejection region.
LESS IS MORE!