Crude Oil: Prices Where New Trends May Begin
Crude Oil prices are locked within a sensitive price area at present.
Above we see this technique at work in the Daily Crude Oil Market. There are two price trend signal points presented on our chart above.
The BUY entry is for a closing price above $69.
The one SELL signal occurs if prices drop below $66 on the Close.
Both price points are based on trend momentum developed over several weeks of price movements, so, a resultant break-thru would strongly indicate that prices could move in that direction for a week or longer.
Note: All trades are 'hypothetical', and, for educational purposes only.
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This approach will revolutionize the use of Fibonacci for the few, privileged enough to obtain it. The Course is refreshing in it's originality. In addition, it will present traders & investors with some of the closest price turn signals they've ever seen.
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This fresh and revolutionary approach to trading is excellent for Stocks, Indexes, Commodities, Forex and the Intraday Market time frames. I'll be posting some new price chart examples using this special 'Fibonacci Trend' Trading Technique. Check on this webpage or under one of the menus listed at the top of this webpage. - George