InvestMate|USOIL It's expensive, time for a winter discount🛢️
🛢️USOIL It's expensive, time for a winter discount.
🛢️I've already predicted beautiful dips once it's time to present my point of view once again:
🛢️This time it's time for oil. I will present a purely technical view.
🛢️I will present the tools I used in turn:
🛢️1I have determined an upward channel. We are currently in the middle of it
🛢️2. I applied a fibo measure to the entire downward wave on the larger interval. We are currently at 0.236
🛢️3. I applied a fibo measurement from the bottom to the current peak of the uptrend correction in the downtrend
🛢️4. I applied the fibo measurement on the current downtrend wave. You can see that there was a double attempt to attack the 0.618 level
🛢️5. I determined a support zone around the 0.618 level of the entire current upward correction, and where price has found strong support in the past.
🛢️6. I determined the resistance zone we are currently in, it was determined based on 3 clusters of fibo levels. One by one from the largest. 0.236 of the entire downtrend, 0.236 of the entire upward correction, 0.5 of the last local downward wave
🛢️The scenario I am playing out is a bounce from resistance and heading towards support.
🛢️*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario for further increases.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
🛢️I've already predicted beautiful dips once it's time to present my point of view once again:
🛢️This time it's time for oil. I will present a purely technical view.
🛢️I will present the tools I used in turn:
🛢️1I have determined an upward channel. We are currently in the middle of it
🛢️2. I applied a fibo measure to the entire downward wave on the larger interval. We are currently at 0.236
🛢️3. I applied a fibo measurement from the bottom to the current peak of the uptrend correction in the downtrend
🛢️4. I applied the fibo measurement on the current downtrend wave. You can see that there was a double attempt to attack the 0.618 level
🛢️5. I determined a support zone around the 0.618 level of the entire current upward correction, and where price has found strong support in the past.
🛢️6. I determined the resistance zone we are currently in, it was determined based on 3 clusters of fibo levels. One by one from the largest. 0.236 of the entire downtrend, 0.236 of the entire upward correction, 0.5 of the last local downward wave
🛢️The scenario I am playing out is a bounce from resistance and heading towards support.
🛢️*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario for further increases.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Note
Falling faster than expected :0
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
đź’˛ To keep up to date with all my activities I invite you to visit my Telegram đź’˛
đź’˛ t.me/Investmatez đź’˛
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
đź’˛ To keep up to date with all my activities I invite you to visit my Telegram đź’˛
đź’˛ t.me/Investmatez đź’˛
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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.
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
đź’˛ To keep up to date with all my activities I invite you to visit my Telegram đź’˛
đź’˛ t.me/Investmatez đź’˛
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
đź’˛ To keep up to date with all my activities I invite you to visit my Telegram đź’˛
đź’˛ t.me/Investmatez đź’˛
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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.