Forcing the longside - Crude OIL
Downtrend is strong and alive.
61.8 Fibonacci retracement gave us a nice reaction.
Other lows could certainly be seen, but a shot against this minimum (when a pullback will appear) with a proper r/r seems attractive to me.
This is not a trade recommendation.
61.8 Fibonacci retracement gave us a nice reaction.
Other lows could certainly be seen, but a shot against this minimum (when a pullback will appear) with a proper r/r seems attractive to me.
This is not a trade recommendation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.