EXCAVO

Crude Oil

Short
EXCAVO Updated   
NYMEX:CL1!   Light Crude Oil Futures
Crude Oil break out support line of the uptrend channel. We touch support zone.
After oil drop price start to recover.
I see 3 resistance level for oil.
1. 55.8$ - 38.2% level fibonacci
2. 59.94$ - 50% level fibonacci
3 64 - 61.8$ level fibonacci also resistance line

But global It look like impulse-correction-impulse
Comment:
Trade active
Trade closed: target reached
Trade closed: target reached
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