The US has been driving to push oil prices lower and they are succeeding, this correction should be short-lived, by the end of March we could see 48. US is increasing crude drilling and is the biggest supplier of oil to UK.
As per Fibonacci retracement and levels we have limited upside for oil, this is just a correction for the bearish movement we had from October...
ETH has moved according to Fibonacci levels, so a pullback seems possible at 50 or 38.2 level. Close Long positions: Fibonacci expansion gives about 960 as TP2, for 100 level, so these levels match up at: TP1 for 860 and TP2 for 960.
Short from 960, with SL for 995 and TP to 350.
Short from 860, if it fails to move above, SL for 890 and TP to 530.
Platinum has reached end of 4-th wave, and has shown signs of reversal. You can go long now or wait to see if there is additional short-term downside and then go long. Support is at 900-906, many times has it bounced back from this area. Buy now for sure thing and SL for 890; TP to 1000+. For more risky approach buy at 900 or 895, if it comes there and TP 1085.
4H Stoch is showing good time for reversal, although just for a jiffy. The 7555 support line is barely holding on, if it does, then we will see a bump to 8400 before resuming going down to 7200 and lower. 8400-8500 is just near Fibonacci retracment 23.6 area.