OIL Correcting
On a short term basis . Oil is correcting ,
Fib most probable stops @ 47.20 38 %
@ 47.62 50 %
@ 48.02 61.8%
Then it will continue its downward move mos likely breaking the Low @ 45.91
I will be short when OIL shows negative Momentum given by the H. ashi candlestics the AO osc.
and the Stochastis which is quite near the over bought territory
Fib most probable stops @ 47.20 38 %
@ 47.62 50 %
@ 48.02 61.8%
Then it will continue its downward move mos likely breaking the Low @ 45.91
I will be short when OIL shows negative Momentum given by the H. ashi candlestics the AO osc.
and the Stochastis which is quite near the over bought territory
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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.