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Realities of Forex Investment
mnandii
#3951 Posted : Saturday, February 06, 2021 3:41:47 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


CRUDE OIL
XTIUSD
Crude Oil is completing circle wave c with the ultimate target of 58.25 where wave c will be Fibonacci 0.618 of wave a.

Once Oil tops I expect it to fall ultimately to below 3.49, the previous low. A move below 33.44 in a few month's time will be confirmation that this forecast is right. Meanwhile prepare to trade the swings.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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