Been pretty bullish on oil for the past couple of weeks. So depending on the price action that forms around this 68.00 price level i might take some oil longs. Plus geopolitical problems are not completely over, things could still happen.
I want to see how other pairs react to fib levels, Because I trade GBP/USD. This was something I just noticed with AUD/USD because of a YouTube short from the Moving Average, and a great trader names SharlineFX. Im also looking to relate this to dow theory and the quarters theory. I feel like these things all lined up can make for amazing conformations.