Is Crude Bottoming out???
I think when all top analyst fail to tell you the price movement we technicians have only one way to find whats next?? HISTORY, yes history it is
Using Fibonacci from Lowest price of 1986 and Highest price of 1990 had told us very important historical price moves in OIL, So lets refer to it again
24.5-25.3 is demand zone and 32-33.9 is the supply zone, Oil must maintain demand area strongly otherwise nobody can stop OIL to see 'TEENs'
Using Fibonacci from Lowest price of 1986 and Highest price of 1990 had told us very important historical price moves in OIL, So lets refer to it again
24.5-25.3 is demand zone and 32-33.9 is the supply zone, Oil must maintain demand area strongly otherwise nobody can stop OIL to see 'TEENs'
Penafian
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