Update on WTI Crude Oil: lowered my stop.Need help with Fib fan.

FX:USOIL   CFDs on Crude Oil (WTI)
128 2 7
Good down day for crud oil             . I am lowering my stop from "b" to ".b" (46.07). I've drawn a secondary channel on the 2 hour chart. . I would not be surprised to get some bounce up around 41.85 to 42.50
Longer term I still there is a good chance the correction may go to 50% or even 70.7% (to kiss goodbuy to the long term down trend line although that would seems like a crude thing to do).

I put a "fib fan" on the daily chart just for the fun of it. I was surprised to see the lines match up so well with the recent highs. Does that suggest the correction may be over at the next line around August 25th?. I don't have a clue. Do any of you have any experience with this tool. Would like some help?
you are right
goodguy PRO ardi.kota
Thanks It's great to have someone think you thinks you are RIGHT. Take care. Enjoy the upcoming weekend if you can.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out