purpurato59
Short

Oil was correcting

FX:USOIL   Crude Oil (WTI)
3 months ago
I was thinking before that we entered a new phase of an upward trend, but it looks more like we're just making a small correction to keep the way down.
Once the price hit 0,23 fib retrace of the channel, it bounced and is now keeping its way down to... a lower low (below 39). The money flow was below 50 in the bear range and now that we hit resistance it bounced together with price.
3 months ago
Trade closed: stop reached
3 months ago
Comment: Fib channel still valid, correction hit 0,5 exactly.

Related Ideas

SupraBoy
3 months ago
Talk about a bad call here. Oil doing a vertical liftoff now.
Reply
purpurato59 PRO SupraBoy
3 months ago
That's a non constructive comment, it's quite easy to say that afterwards.
I would judge on your published ideas, but you have none.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out