there alot of fibo and pattern in USOIL
I will post fibo later
for now looks like pattern still bearish until year 2026 or at least until 40 support retest
quite funny how
Biden want Oil above 75$ resistance 105$ and
Trump want oil under 75$ support 34$
I will post fibo later
for now looks like pattern still bearish until year 2026 or at least until 40 support retest
quite funny how
Biden want Oil above 75$ resistance 105$ and
Trump want oil under 75$ support 34$
Comment:
1. bullish fibo like 1,5 alot, if spike will hit 200% fibo
Comment:
2. another bullish fibo 1,5
Comment:
3. another bullish fibo hit 1.5 and 2
Comment:
4. another bullish fibo hit 1.5
Comment:
so in speculation we could see bullish fibo hit 1.5 and 2 later after retest 33$ support
Comment:
1. bearish fibo 1.5 and 2.2
Comment:
bearish fibo 1.5 and 2.2
Comment:
bearish fibo 1.5 and 2.2
Comment:
Self opinion
1. With current geopilitic doubt oil can spike drop again to 2.2 fibo
So maybe the 1.5 fibo could become a strong support (48$)
2. Must see what happen to bullish fibo if 48$ really strong support but thats for later
Speculationg now not good
1. With current geopilitic doubt oil can spike drop again to 2.2 fibo
So maybe the 1.5 fibo could become a strong support (48$)
2. Must see what happen to bullish fibo if 48$ really strong support but thats for later
Speculationg now not good