Crude is now trading between its 50% & 68.2% fib retracement level.
Also brent has now reached a resistance -- parallel channel on weekly
Looks Like a abc correction - of which wave b is about to start !!
Since June month is lined with surprises : FED Meet, Brexit ....
Best to sit out rather than go long or short -- too much volatility will come into play !!
Biased Views : - FED Goes with The Hike
And No Brexit
Also brent has now reached a resistance -- parallel channel on weekly
Looks Like a abc correction - of which wave b is about to start !!
Since June month is lined with surprises : FED Meet, Brexit ....
Best to sit out rather than go long or short -- too much volatility will come into play !!
Biased Views : - FED Goes with The Hike
And No Brexit
Trade attivo:
Wave B correction !!
Wave B correction !!
Trade chiuso: obiettivo raggiunto:
Crude reaches near to support ! ! If you can wait a bit u can get it below 40/41 !!
Time to go long on Crude once again !!
Crude reaches near to support ! ! If you can wait a bit u can get it below 40/41 !!
Time to go long on Crude once again !!
