The 50% Fibonacci retracement of the 2014-2015 bear market (around $67) is the next target for bulls. A close below $62,50 will create suspicion for a bull trap though.
source: investing.com
Crude Oil – Monday, January 15
The 50% Fibonacci retracement of the 2014-2015 bear market (around $67) is the next target for bulls. A close below $62,50 will create suspicion for a bull trap though.
source: investing.com
