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Long

Fibonacci and Indicator Analysis on CRUDE OIL/USD 3/8/14

NYMEX:CL1!   Light Crude Oil Futures
We have a FIB 61,8% Level Rejection here and this could be worth to think about a reversal in the upcoming time.

This is technical a early stage for thinking about a long position. If a second Bullish Divergence structures on RSI it would be a buy signal for me. I am Waiting for the MACD to show a clear Bullish Divergence . At the moment it shows just a half one.
thanks dear good work well done :)
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