PowerTrades

USOIL Breakout Trade idea -ST

Long
FX:USOIL   CFDs on Crude Oil (WTI)
USOIl likely support areas are 1. 42.60-42.40 areas.
Hold below that look to test 42.20 areas.
Hold into that < current context> look to test higher for 43.20 areas
Comment:
This was as quick as it gets for the zone mentioned. Quick and fast reaction of that zone.
key support areas/ tgt areas for the short side view is 41.90s
if we manage to hold below we are talking about a new level.

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