Update On Oil - Selling in coming Correction of ($40.40-$34.21)
The current leg of the down trend appears finished, and ran between ($40.4-$34.21).
Its 61.8%-38.2% fibs are between $36.74-$38.10.
Incremental Limit sell orders covering these values, should have already been placed on standby in the past idea. (I think it was idea#18). Target $33.00
Add the following short orders to engage, if prices break > $39
10k @ $39.10
10k @ $39.20
10k @ $39.30
10k @ $39.40
10k @ $39.50
10k @ $39.60
10k @ $39.70
10k @ $39.80
10k @ $39.90
10k @ $ 40.00
Idea elaborated on chart.
Take care & Stay safe.
Its 61.8%-38.2% fibs are between $36.74-$38.10.
Incremental Limit sell orders covering these values, should have already been placed on standby in the past idea. (I think it was idea#18). Target $33.00
Add the following short orders to engage, if prices break > $39
10k @ $39.10
10k @ $39.20
10k @ $39.30
10k @ $39.40
10k @ $39.50
10k @ $39.60
10k @ $39.70
10k @ $39.80
10k @ $39.90
10k @ $ 40.00
Idea elaborated on chart.
Take care & Stay safe.
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