AdamHong

USOIL: The 0.618RET and the Supply Zone

Short
AdamHong Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
The market has broken out the neckline of the short-term double top and is pulling it back now.
A good short place is at the 0.618RET where the Supply Zone works.
So it is good to sell at 50.6-51.1 levels when price action gives signals in the PRZ.
SL: above 51.2
TP1: 49.0
TP2: 48.2 and further more
Order cancelled:
The chance is not given, just look for other new opportunity.

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