majorlee
Long

WTI Crude Oil Long opportunity... $100 oil by 2019?

TVC:USOIL   CFDs on WTI Crude Oil
The last trade we got stopped out on with Crude Oil , as it came down to lower fib levels and bounced off the 100EMA, now if oil can stay above both of these levels we can see a move towards $70 and aiming for $78

Use the fib or the suggested levels for a SL, will update as the week goes in, watch out for this upcoming inventories...

Wed 24th at 3:30pm we have US Crude Oil inventories news release:
https://www.forexfactory.com/calendar.ph...

have a powerful week, please like and share if this chart has helped you




Trade active:

weekly bullish view
Trade active:

in we go :)
Comment: more cautious traders can wait till it closes above 0.386 fib level
Comment: gold coming into nice buy zone at 1220

Trade closed: stop reached: my stop has hit

Returning the favor:

+1 Reply
majorlee InvestingScope
@InvestingScope, thank you very much :) +1
Reply
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