Fibronacci

Crude Oil Brent - A short set up! 1st attempt to enter!

Short
Fibronacci Updated   
FX:UKOIL   CFDs on Crude Oil (Brent)
1
Knowing that Crude is currently still in a bullish upwing I will try to place a counter trend trade as a first entry.
SL will be above last structure high at 45.68.
TP at 382 Fib of current small upswing


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Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
I am not a professional trader and I am not living from trading. Profitability is yet not given. Keep this in mind before simply copy trading ideas which you find at trading view (I noticed a lot of people are doing it here)
Trade closed: target reached
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