EuroMotif

WTI to $80.00 by end of August?

Giá lên
EuroMotif Mod Cập nhật   
FX:USOIL   CFDs Dầu thô (WTI)
I am by no means an Oil Trader.
But I do trade Commodity Currencies, especially CAD.

Just observing the price patterns, and considering the time of year.
The Elliott Waves and Fibs seem to line up nicely with the calendar.
I have no idea what OPEC or the Geopolitical situation might do.

So not a trade here by any means, just putting it out there for consideration.
Bình luận:
Oil still climbing, but TA says it is near 'a' peak.
So I will be watching for a pull back week of May 21st/
Will post a new Idea or update here, but looking for signs of pullback:
Bình luận:
Well, the pullback came as expected.
and WOW, straight down thanks to OPEC.
Will be watching the support zones for possible bounces.
Bình luận:
Oil fell on OPEC news I guess.
It came to rest exactly in the fib zones as anticipated.
But I think it will go to the next zone, fine tuning those calculations now.

the Golden Ratio is my Religion
the Trading View is my Nation
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