Target was hit but where is the bounce?
This idea is a microscopic study of the bounce (if it is to happen).
If price hits the 4.236 extension before going ANY lower, then there is a chance 55 was the bottom.
Let see what happens over the last 2 days of the week....
My study of Oil began in May 2018, when I called for $80 as the target/top
As for Sept 2018, I was looking for a strong dip
Once the dive started, I was looking for $ 55 as a possible bottom:
And that price has been hit, so the current idea is a study of a possible bottom, and how to gauge strength of the bounce
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