Assalamualaikum & Hi Traders!
Key level = 75.27
We are tracking a recognizable setup of wave 3 on crude oil.
Bounce in price for wave (2) is already at 50% fibonacci level compare to wave (1) (declining impulsive movement from 75.27).
Breaking 67.80 will give us indication that wave (2) is already in place.
As for now, my personal view is bias to the downside and key level = 75.27 must hold for this wave 3 bearish idea.
Key level = 75.27
We are tracking a recognizable setup of wave 3 on crude oil.
Bounce in price for wave (2) is already at 50% fibonacci level compare to wave (1) (declining impulsive movement from 75.27).
Breaking 67.80 will give us indication that wave (2) is already in place.
As for now, my personal view is bias to the downside and key level = 75.27 must hold for this wave 3 bearish idea.
Nota
DAILY CHART ANALYSISNota
WAVE 2 IN PLACEPrice break below 67.80 resistance giving an idea that probably wave 2 is in place.
Nota
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.