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John_Florence

Short term reversal in USOIL

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
John_Florence Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Fibonacci Support and Resistance Crude Oil WTI
2
0
fibonacci supportandresistance usoil
Targeting price levels in yellow box, backtest of broadening wedge. GLTA
Comment:
SL below 66.50, PT 1 69.61, PT 2 70.40, PT3 71.9
Comment:
Same scenario, retrace more than justified at this point. Possible backest of 70.50 - previous support, now became resistance. Could be great counter-trend trade, with good RR, of course as long as new support holds
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