romshah

romshah

Long as fibonacci states that it will bounce back to 50.90. then come down to 50.75 then upwards to top 51. Not much in the way for this and upscale due to happen in the next 2 weeks.

romshah

Oil is to go long on Fibonacci on short term. Support for now but resistance to move in opposite direction at 50.80. Higher than this it may gain support all the way to 2.618 position at 51.76 and then move downwards and trade between 51.29 (1.618) and 51.76 (2.618). Once it crosses the 51.29 in the short term downwards, price fluctuations may bring it down...

romshah

Downward trend on Fibonacci UKX. Wait for 1st Nov to hit another cycle. All fib points hit and ollowing previous 2 month cycles.