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West Texas Oil
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WTI top at 63.55 - 64.12? Crude Oil keeps going but slowing down

688
Quick plot to observe the action around next resistance zone.
I was long until 62 and thought for sure that would be the top.
Now we are approaching the 64 figure, and definite resistance.

My previous analysis calling for 62
WTI looking strong: Crude Oil headed to 62?


Note
And so there it was, the Top snapshot I made mistake of assuming the 4.618 would be end of wave, but the 5.236 ending up being the endpoint (5.236 also a common end point). Notice the subsequent testing of the 4.618 from underside, and also notice where the sudden drop came to a screeching halt.

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EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
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FibonacciSupport and Resistance

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FibonacciSupport and Resistance
EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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.