xel_arjona

Beautilful Monthly close for Crude Oil with Fibonacci's

NYMEX:CL1!   Light Crude Oil Futures
46 2 0
Close and LowerLow converges with:

1) TrendLine Support (Green)
2) 0.5% Fibonacci Retracement as Support.
3) Fibonacci Spiral AS SUPPORT!
Do you mean long from here ?!
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xel_arjona taha1011
I Mean, given DXY https://www.tradingview.com/e/RRF1frMw/ touching a resistance, this support could represent a posible LowRiskEntry setup for Crude. I do not give buy or sell signals or recommendations.
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