1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Crude Oil : Intraday View

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 19, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,022
    Likes Received:
    1
    Crude oil has turned down from 31.34 area, exactly from 61.8% where energy probably completed a fourth wave retracement. It means that new lows are now back in play, this time for three wave structure down into wave v that can be targeting 29.00 area. Ideally market will then turn up from that region with a very strong reaction if we consider the shape of an ending diagonal in wave 5. Crude OIL, 1H

    Continue reading...
     

Share This Page