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TradersmindXMFX

USOIL Perspective D1

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
TradersmindXMFX Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Fibonacci Supply and Demand Trend Analysis Crude Oil WTI
11
2
fibonacci supplyanddemand trendanalysis usoil
1. Bigger TL bounce. & Fib 78.6% Retrace confirm.
2. Short entry will be around $48.00-$48.60 with SL below fib 78.6 or last week high around $49.40
3. Overall my bias is still SHORT for oil.

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Comment:
Blue Zone is either "Sell or Buy Zone"
Break above indicates continuing the up-trend. And the bounce ones will lead oil to our main plan 48.20 -> 45.55 -> 44.30

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