Broadening Top MCX CRUDE Oil

CHART -I (SHOWN ON 15-FEB)

UPDATED CHART

• Broadening Top shown on a Previous post on MCX CRUDE OIL; Has worked well so far. 
• Price sustaining below the falling support line and 50% Fib level will extend the fall towards Golden ratio.
• 100 Day SMA is also at 50% Fib level so this level may try to protect bulls. Daily close below this level will extend the fall.

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