๐ข๏ธUSOIL It's expensive, time for a winter discount.
๐ข๏ธI've already predicted beautiful dips once it's time to present my point of view once again:
๐ข๏ธThis time it's time for oil. I will present a purely technical view.
๐ข๏ธI will present the tools I used in turn:
๐ข๏ธ1I have determined an upward channel. We are currently in the middle of it
๐ข๏ธ2. I applied a fibo measure to the entire downward wave on the larger interval. We are currently at 0.236
๐ข๏ธ3. I applied a fibo measurement from the bottom to the current peak of the uptrend correction in the downtrend
๐ข๏ธ4. 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
๐ข๏ธ5. 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.
๐ข๏ธ6. 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
๐ข๏ธThe scenario I am playing out is a bounce from resistance and heading towards support.
๐ข๏ธ*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario for further increases.
๐If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.๐
๐ข๏ธI've already predicted beautiful dips once it's time to present my point of view once again:
๐ข๏ธThis time it's time for oil. I will present a purely technical view.
๐ข๏ธI will present the tools I used in turn:
๐ข๏ธ1I have determined an upward channel. We are currently in the middle of it
๐ข๏ธ2. I applied a fibo measure to the entire downward wave on the larger interval. We are currently at 0.236
๐ข๏ธ3. I applied a fibo measurement from the bottom to the current peak of the uptrend correction in the downtrend
๐ข๏ธ4. 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
๐ข๏ธ5. 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.
๐ข๏ธ6. 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
๐ข๏ธThe scenario I am playing out is a bounce from resistance and heading towards support.
๐ข๏ธ*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario for further increases.
๐If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.๐
์ฝ๋ฉํธ:
Falling faster than expected :0
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ
๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ www.t.me/Investmatez ๐ฒ
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ
๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ www.t.me/Investmatez ๐ฒ
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ