Resistance level: 7035
Support level : 6915
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are...
Crude Oil is left with some more beating
Trade Plan 1
Short sell for immediate target of $21.76
Continuing its downward move which should conclude near $21.76 if EOW ((C))
and
Trade Plan 2(will be active only after trade plan 1 reached target)
Short sell for deeper target of $9.83
EOW 3 of Y around same level of $9.83 of cycle wave
We can see sharp...
Crude oil 4h technical-looking weak. Bear pennant on the price itself and a rising wedge on 4h RSI both combination suggests a strong bearish sentiment. upcoming week we can witness so many stupid repeated news like economic slowdown, trump - china, Iran war, trade war,. and so many never-ending shits. so, technically we have to gauge the price where it's heading...
