Crude Oil
Saturday, 15 October 2022
23:44 PM (WIB)
The bears and the gang look failed to land on 61.8%FR and stop back at 50%FR. Although this point is still in Golden Ratio, it’s not strong enough compare with the Bull run. I also see and find a way for bullish movement to break out the resistance and control the $95 area. The Morning Star Formation on Weekly Session also indicates the price will move up.
The 50% Fibonacci Retracement indicates the Bearish shift will require a 50% of Impulsive move. So, if the price flies high to $109, the Retracement Ratio might fall to $93.50
Golden Ratio:
10% + 10% + 20% Or,
10% + 20% + 30%.
23:44 PM (WIB)
The bears and the gang look failed to land on 61.8%FR and stop back at 50%FR. Although this point is still in Golden Ratio, it’s not strong enough compare with the Bull run. I also see and find a way for bullish movement to break out the resistance and control the $95 area. The Morning Star Formation on Weekly Session also indicates the price will move up.
The 50% Fibonacci Retracement indicates the Bearish shift will require a 50% of Impulsive move. So, if the price flies high to $109, the Retracement Ratio might fall to $93.50
Golden Ratio:
10% + 10% + 20% Or,
10% + 20% + 30%.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.