Make a Long retracement for oil before continuing slump.
Bullish Crab Pattern that found in the daily chart of WTI Crude Oil.
A lot of researchers analyze and predict that the price target should be 25 - 20 per barrel.
But with the chart, I predict that the price is time to retrace awhile before continue reach $25-$20.
Target will be set at $38 as from Fibonacci Retracement 38.2%,
the origin point of X.
A lot of researchers analyze and predict that the price target should be 25 - 20 per barrel.
But with the chart, I predict that the price is time to retrace awhile before continue reach $25-$20.
Target will be set at $38 as from Fibonacci Retracement 38.2%,
the origin point of X.
Trade closed: target reached