finitemonk

WTI - Larger Picture - $73.50?

FX:USOIL   CFDs on Crude Oil (WTI)
1
If this is in a wave (c) & it is currently in wave iv, by fib extension it could drop to 73.5 or thereabouts (which seems to me just low enough) : the RSI is dropping very low meaning price not too distant to go much higher - again based on fib projection (if A is 0.618/0.382) as high as $165. ... lets see in / check this low 1st. No doubt it is VERY significant.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.