A .618 retrace of the last leg down, followed by a break of the support line.
Short term 1.339 is the next support area . Longer term 1.3050 to 1.29.
Subscribe to:
Post Comments (Atom)
A Discussion of Technical Analysis, Elliott Wave Theory, and Fibonacci Ratio's focusing on Energy Mkt.s Crude, Products, and Natural Gas. Occasional Fundamental Analysis, Energy News and Rumor.
No comments:
Post a Comment