CRUDE OIL hit a huge extension on the 38% fib(blue). This level is incredible and has great support for it to go and try to hit its target at $77.79(green). This chart may look confusing because there are two fibs drawn. The first fib had oil hit the 50%(black) and it worked well to hit its target at $70.23(green). Oil has now retraced back into another extension and has bounced well off the 38(blue). snapshotCL1! IF YOU ARE INTERESTED IN SETUPS LIKE THIS FOLLOW DanTheTradeMan ON TWITTER.
Crude OilFibonaccifuturesOilSupport and ResistanceTrend Analysis

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