Levels are projected in terms of fib channel intersections.
Patterns are broken down to golden ratio.
Fib channel is based on critical points of fractal.
PriceTime fabric determines the map of chances.
Most important thing to look for while oil is in uptrend condition is the impact of price movement to the black downward dotted line. Rest are the the pricetime fabric which is adjusted to average uptrend and downtrend angles, playing a role of signaling tool. Hence, I want to focus our minds on the target after which market will reverse.
Anyone else is looking for the best opportunity to short oil futures?