TAcharts

AB x .618 = CDs in diagonal ?

NYMEX:CL1!   輕原油期貨
It appears CL is working on a contracting diagonal. Our recent peak
measures as an AB x .618 = CD, and basis the next leg measuring the
same, this is confluent with the falling lower TL. I would view this as
a target area for a "5th touch" within the apparent falling wedge.
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