FX:USOIL   CFDs on Crude Oil (WTI)
WE HAVE COMPLETED THE EXTENSION OF BC AT 1.272 (NEED MINIMUM 1.272) HERE TAKEN HIGH 53.33 AS A TOP BUT EXTENSION CAN GO TILL MAX 1.1618 (THIS IS APPROX 53.79)

BASED ON CURRENT TOP D LEG SHOULD TERMINATE AROUND 50.50 (NOT GOING WITH PRECISE LOCATION) BUT JUST LOOKING TO TARGET 113% OF XC LEG HERE.

TRADE IDEA:-

SELL AT 53.30 (ACTIVE) ADD MORE AROUND 53.80 STOP LOSS LATER TARGET 50.50 (APPROX)

EXACT TARGET WILL BE GIVEN ONCE 2ND POSITION IS FILLED OR RIGHT TOP IS FORMED.

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