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John_Florence
Oct 23, 2018 2:42 PM

Short term reversal in USOIL Long

Crude Oil (WTI)FXCM

Description

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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