WTI to $80.00 by end of August?
Zaktualizowano
I am by no means an Oil Trader.
But I do trade Commodity Currencies, especially CAD.
Just observing the price patterns, and considering the time of year.
The Elliott Waves and Fibs seem to line up nicely with the calendar.
I have no idea what OPEC or the Geopolitical situation might do.
So not a trade here by any means, just putting it out there for consideration.
But I do trade Commodity Currencies, especially CAD.
Just observing the price patterns, and considering the time of year.
The Elliott Waves and Fibs seem to line up nicely with the calendar.
I have no idea what OPEC or the Geopolitical situation might do.
So not a trade here by any means, just putting it out there for consideration.
Uwaga
Oil still climbing, but TA says it is near 'a' peak.So I will be watching for a pull back week of May 21st/
Will post a new Idea or update here, but looking for signs of pullback:
Uwaga
Well, the pullback came as expected.and WOW, straight down thanks to OPEC.
Will be watching the support zones for possible bounces.
Uwaga
Oil fell on OPEC news I guess.It came to rest exactly in the fib zones as anticipated.
But I think it will go to the next zone, fine tuning those calculations now.
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