USOIL : this kind of natural resource is about to...
Yellow: just to measured its past, an estimate, like how high it would reach its Peak* to fall off.
Green: Is going short, base on RSI through its Daily and 4hour, both are overbought (red circle), which is about to fall soon.
Blue: Represent if it would push any further, as its peak, to go short.
To sum up: Both of these green and blue, both will open the door for a retest of the 50% Fib at 48.74
Notice@ The green is touching and struggling at the 78.6% of Fib retrace at 51.61.
Welp, whats your thought ? would u mind sharing ur result in here ^^! lets discuss.
Thanks, and Watch out for the jungler !!!
Green: Is going short, base on RSI through its Daily and 4hour, both are overbought (red circle), which is about to fall soon.
Blue: Represent if it would push any further, as its peak, to go short.
To sum up: Both of these green and blue, both will open the door for a retest of the 50% Fib at 48.74
Notice@ The green is touching and struggling at the 78.6% of Fib retrace at 51.61.
Welp, whats your thought ? would u mind sharing ur result in here ^^! lets discuss.
Thanks, and Watch out for the jungler !!!
Trade closed: target reached
RSI : Also shown through the chart, as where its heading to.