StianAasland

StianAasland Updated 

As we're getting a flag going we got a 1:1 move left to previous stong structure which is supported by fib which tells me that there will be a strong possibility we will go back down to the 30 500$ area.

StianAasland

Even throught good EIA data the decline of oil continued which tells me we might see another low in the 1.1272 extention area of the previous move. I would also be on the lookout when we reach the 44.50 area for a reversal like a double bottom or just a bounce based on daily resistance