Aleksin_Aleksandar

OIL 2H short view, and 61,8% Fibonacci level

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FX:USOIL   原油差价合约(WTI)
As we can see in the graph, the oil price makes a pullback according to a certain pattern.
By setting the Fibonacci level to each previous high and low, we see that the pullback ends in the zone of about 61.8% of the Fibonacci level.
Additional bearish pressure from the top creates a line of resistance.
It is very likely that we will see the oil price in the zone at around $ 90.00-92.00, place before the beginning of the intervention in Ukraine.
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