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

OIL Can Retrace To 44-45 Before Going Higher

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 30, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,022
    Likes Received:
    1
    No change for now on WTI; price is moving as expected, currently is headed lower within wave b) which represents only temporary corrective move. Usually wave b) will retrace back to the area of a former wave four, and also for 50-61.8% compared to wave a). In our case this zone of a support is at 44-45 which can be very interesting next week for a bounce. Crude OIL, 1H

    Continue reading...
     

Share This Page