USOIL TRADE IDEA 1 BEAUTIFUL BOUNCE OFF THE 0.786 Long

WTI CRUDE OILTVC

Description

⋅ Oct 7, 2022 2:24 PM

USOIL had a lovely bounce based on the news off the 0.786 Fib Retracement on the Weekly timeframe and Range Low.

Daily timeframe was printing a oversold signal.

Currently holding the 0.618, if this holds could be good for continuation.