petermp25
Long

USOil Daily Bat Pattern

FX:USOIL   CFDs on Crude Oil (WTI)
567 0 6
Entry at 48.78

Stops at 45.22, just below X, below the long term weekly support line from a few years ago (the dotted red line), and on the 23/03/2015 low and 18/03/2015 high.

Target at 53.40, just below the 38.2 of AD and below the major and minor resistances (red lines)

Invalid from 62.58

Stoch is oversold

UKOil             had a daily Bat pattern a few days back, this might just be WTIOil running a bit behind....
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