Oil Short Term

25 thg 11, 2021

We have three clear pivots: ABC

There is bearish divergence

The golden pocket fib retrace is around 70 bucks which coincides with the median line

We're not oversold

More dip imho

Disclaimer: Nothing in the above or below should be construed as investment advice

27 thg 11, 2021

Ghi chú

ACTION | REACTION
Market Geometry
Select three major pivots high-low-high or low-high-low
A, B, C
The median line as per Dr. Alan Andrews is the bisector of BC from A
80% of time price comes back the median line, which is a potential reversal point; or a push through the median line can come with additional momentum