Crude-money

Crude-money

The price has touch a strong resistance level at 72.844 and give a clear rejection to the downside we expect the price to fall down to the last lower demand zone at 65.32. if the price respect the Fib level of 0.5 and 0.61 which marks our discount zone the price will continue to the downside full TP at 65.32

Crude-money

Looking at the chart the marking is currently laying on a strong zone which we expect the price to restest the previous supply zone which comes exactly on 0.618- 0.5 fib level to give a perfect entry for short entry

Crude-money

Looking at the chart the marking is currently laying on a strong zone which we expect the price to restest the previous supply zone which comes exactly on 0.618- 0.5 fib level to give a perfect entry for short entry

Crude-money

Gold recently provide a higher high on the chart which gives a clear indication of retesting the raising trendline before falling