Reaction with the Up-Trend
The big up-trend broken recently, and now has retraced to its edge.
We need some closed above signals to cancel the short contract.
Support at 0.5 fib 40.86
Resist at 0.382fib 43.23
40.00$ per barrel should be tested this week in my opionion.
We need some closed above signals to cancel the short contract.
Support at 0.5 fib 40.86
Resist at 0.382fib 43.23
40.00$ per barrel should be tested this week in my opionion.
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Disclaimer
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.