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EJSM

USOIL Post Impulsive Wave Pull Back

CFDs on Crude Oil (WTI) (FX:USOIL)  
EJSM  
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis Head and Shoulders Fibonacci Crude Oil WTI WTI crude Bullish Patterns
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trendanalysis headandshoulders fibonacci usoil wti crude bullish
In the monthly chart note the reversed H&S pattern --- We broke the neckline sending price upwards.

After the move upward we seem to be testing top channel trend. (Right Chart - Magenta Dashed Line)

Im anticipating in a fibonacci retracment to key levels. (38.2 - 61.8)

Market Outlook: Bullish

Will Update
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