Oil Trading News June 4 Fibonacci Levels Hourly

http://alphawavetrader.com Today we witnessed once again during Oil news the power of Price and Fibonacci vs. Fundamentals. As once again Price and Fibonacci contradicted the News. Today June 4 oil news was at the highest shortage of supply in a long time: Wednesday, June 04, 2014 7:30:03 AM *(US) DOE CRUDE: -3.43M V 0E, Source TradeTheNews.com Which means very bullish news. Oil staged exactly opposite in Reversal Zone at 103.70 staging powerful collapse. Reminding once again that fundamentals are worseless unless confirmed by Price and Fibonacci. All Fibonacci levels identified by Price since Monday June 2: Decision Point 1 at 102.72 where price struggled for 4 hours. This is the most important level in the market structure as Minor Trend Always Present and not always trend becomes Major. Nex Fibonacci level Decision Point 2 was resepcted for 11 hours on June 3. Finally overnight price blasted through staging powerful rally that initially ended in Bearish Correction reminding how essential it is not to acquire Trend Position at this level. Key rule remains: trade only between the levels and remember where to take profits off the table and what not to enter into. Price and Fibonacci identify these levels far in advance and will always override any news. Join Alphies in discovery of power of Price and Fibonacci without any indicators what so ever: http://alphawavetrader.com/alpha-wave-education/ Starts June 9