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OsamaAbouzeid

USOIL _ Potential Rally !

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
OsamaAbouzeid Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
USD Oil crude Crude Oil WTI wtioil wticrude Fibonacci Fibonacci Retracement structure Support and Resistance Parallel Channel Commodities index
22
4
usd oil crude crudeoil wti wtioil wticrude fibonacci fibonacciretracement structure supportandresistance parallelchannel commodities index
Potential rally at this zone due to :-

1- 0.382 Fibs retracement for _BA leg
2- 0.618 Fibs retracement for _CA,DA legs
3- valid structure level.
4-valid channel pattern
5- RSI oversold
Comment:
First target reached at 32.65
Comment:
Second target reached at 33.70
Comment:
expecting to reach the $ 38 per barrel (third target ) which will be at previous structure level
snapshot
Comment:
$ 38.00 per barrel reached !
Comment:
Final target at $44.00
snapshot

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