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UnknownUnicorn559512

WTI Crude Oil. Long Idea

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
UnknownUnicorn559512 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Oil reversal swingtrading
7
0
oil reversal swingtrading
Confluence Factors:
1. Momentum Shift
2. RRR 1:2 to next Swing High
3. Divergence on RSI
4. First Fib Extension (Major Flip zone) reached with triple bottom formation
Comment:
I expected much more momentum before the inventories. So I closed half of my position this morning and moved SL to BE
Trade closed: stop reached
Comment:
Potential reversal at next zone: Last swing High = 161,8% Fib Extension!!!
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