Crude is at a falling point. After reaching the low of 75.27, it made a Fib retracement at 61.8. It is now on its way to test 75.27 again, but I consider it to be with strength to well below until 70.25. However this zone is a strong support, so there is the alternative of not drilling down and going up again to 93.74. CL1!
Trade active
Fib 61.8 its a strong resistance 83.00 Price in Bear movement.
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.