OIL Buyers Firewall

the detail is shown in the above Idea.

I made this Idea based on Candlestick Analysis and Fibonacci Tool.

buyers are burned in black rectangle ( 0.618 golden level retracement )

Therefore
I expect that Oil Buyers are ready in level 1.27 and 1.618 especially 1.618 .



note : Weekly price Trend of Oil is downward and probably USOIL price will drop to $63.

Comment:

retracement from 0.78 started and it indicate that this Fibo levels Is accurate

Comment:

level 1.618 shifted to 70.70 based on candles analysis

Comment:

trend of oil crab

Trade active

Comment:

OIL Buyers Firewall

Trade active:

buy order is pending at 65.4

Comment:

What's possible for USOIL in the coming weeks.

Comment:

Bearish Trend Happened as i expected
and Target of Sellers Crab is Shown at following chart

Trade closed: target reached:

oil bullish crab pattern will start.

Trade closed: stop reached:

Another buy order is pending at level 2 (81.8)

Trade active:

Trade closed: target reached

Trade active:

buy order is pending at 77.8

Order cancelled

Comment:

target of oil butterfly

Trade closed: target reached

Comment:

Future Trend of OIL
possible falling over Pull Back From important level

Trade closed: target reached

Trade active:

buy order is pending at 71.7

Trade active

Comment:

buy ORDER FOR symbol (oil spot)

Comment:

Bearish/bullish crab pattern of OIL

Trade closed: target reached

Comment:

possible trend of USOIL