marto_el
Long

Quick scalp on Oil / 2618 /

FX:USOIL   CFDs on Crude Oil (WTI)
56 0 2
Strategy is well known here. After the double bottom and the rally, price came back to the .618 fib retracement. What's more is that the Weekly Central Pivot and the Monthly R1 are in the zone as well and are supposed hold as resistance.
TP1 - 48.80$
TP2- 50.00$
SL- Just below the double bottom
Trade active: Entered @47.15$
Comment:
Nice up move from the zone.
Stop is at Break Even already.
Trade closed: stop reached: Waiting for another setup.
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