Crude: Potential Bounce Ahead!

Crude: Potential Bounce Ahead!

3 August 2016, 13:02

Crude has continued its downward journey and yesterday went near 50% Fib retracement level. Downside structure is complete and needs to reverse soon. In the next charts, we will see what levels need to be breached to signal a bottom

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Crude 4H Chart - August 3, 2016

In this 4h chart, we see that price is near another Fib Time Zone and has completed the red a-b-c count and needs to bounce towards ...Read More 

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