tradewithhedge

USOil getting close to a zone that we can see reaction

FX:USOIL   CFDs on Crude Oil (WTI)
Hi traders!

USOil             is getting close to a zone that I am watching very closely, I am looking at the 0.50% fib 73.71 and the lower line of the pitch-fork 71.43. Keep this 2 levels in mind and lets see if we can react.
On the other hand, everyone is talking about 75.00. Personally, I dont like to trade into levels that everyone is talking about! Maybe I am wrong, but I wouldn't put my money on that level.

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