OIL to the top

TVC:USOIL   CFDs on WTI Crude Oil
Just take a look at my chart drawing.
Enter-reason: clear support-zone (entry zone now), over-all uptrend because this supp zone is formed at 61.8 fib level (not drawn but its a fact), great risk/reward ratio. Target level that high because its the same height that has been occured in the last up-move before so we take that height and place it on our entry level to find out the potential target level. (Black straight lines).

Comments are welcome!


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