Short idea in Crude Oil

30 mai 2018

We may bounce to 70.14 (61.8 of the last drop) or just drop from here, then back down to 61 (if we break 65.5) where we have some good fibs support, bounce and retest of 65.5 and then down breaking 61 and hitting 57.44 (50% retrace of a c leg up)... final bounce to 61.07 before a final drop to around 54 where we have a huge confluence of fibs: 61.8 of the c leg up, 38.2 of the big move up from Feb 2016 lows, and retest of the broken 23.6 from 2008 highs to 2016 lows.

23 nov. 2018

Note

Timing was not quite right but almost all targets reached now!