CLX0: A Possible Move Higher

The chart shows a fib projection based on a technique where the measurement is taken from low to low. In this example, I used the .236 ratio and connected it with the recent higher low and expanded the movement in direction of the original price move according to the Fibonacci Section ratio. An interesting technique that is not so popular among the traders here.
CLX2020FibonaccifibsfibsetupfibtimefibtimezoneOiloilforecastoiltradingPivot PointsSupply and Demand

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