* For the past 3 days Oil Bears got rejected for a downside below the $48:80 and It passed today but bounced back to above the $49 Area
* March bounce was at exactly Fibonacci 50% (Weekly)
* April bounce might be Fibonacci 61.80% (weekly)
If you are a gungho juggernaut trader like myself, then give it a long with a SL of $48.20
If we succeed to take it up above $50.59, then don't sell before it reaches $60.
Anything below the 48 level will take us to the Trough Area which will be the final stage of the bear market (Could go to low of $31 if the $44-$45 area won't hold), If the U.S decided to screw Iran, Russia and China and add the GCC to the mix.
* March bounce was at exactly Fibonacci 50% (Weekly)
* April bounce might be Fibonacci 61.80% (weekly)
If you are a gungho juggernaut trader like myself, then give it a long with a SL of $48.20
If we succeed to take it up above $50.59, then don't sell before it reaches $60.
Anything below the 48 level will take us to the Trough Area which will be the final stage of the bear market (Could go to low of $31 if the $44-$45 area won't hold), If the U.S decided to screw Iran, Russia and China and add the GCC to the mix.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.