Oil at 92 levels from the session open breakout
has made almost 125% of the expected market daily range
This is a good place to scale out perhaps if you were short from the 93 zone... at -f100%
the 100% range extension from here is 90.62
Also, possibly this is a reversal point long if we close above -f100% on the fibgrid
The System bias is short
These indicators are available in Charts > Indicators > Market Place Add-ons > MicroTrends
more details of the indicators can be found here: indicatorfactory.com/tradingview-indicators/
has made almost 125% of the expected market daily range
This is a good place to scale out perhaps if you were short from the 93 zone... at -f100%
the 100% range extension from here is 90.62
Also, possibly this is a reversal point long if we close above -f100% on the fibgrid
The System bias is short
These indicators are available in Charts > Indicators > Market Place Add-ons > MicroTrends
more details of the indicators can be found here: indicatorfactory.com/tradingview-indicators/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.