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US Oil Outlook with Fibnacci
Created: 31 March 2025
4 replies
2 participants
3 days ago
Discussion Starter
Location: Nigeria
Joined: 5 years ago
3 days ago
From this post: https://fxverify.com/forum?discussion=44770 where I detected the bullish swing of US oil, I decided to further it with Fibonacci today. The Fibo created from the major high and low on the daily chart with levels $81.01 and $65.24 respectively shows that US Oil is bullish, provided it stays above the 23.6% Fibo level of $69.02. The level was tested today but held firmly. If the price continues to hold above it, the 38.2% Fibo level of $71.27 will be the next bullish target.
3 days ago
Location: Nigeria
Joined: 2 months ago
Replying to comment by @Goldman
3 days ago
Honestly