Technician

Crude Oil Pullback Time?

Long
FX:USOIL   CFDs on Crude Oil (WTI)
0

Update: trade cancelled. price headed higher, so didn't get entry , trade cancelled


The long-legged doji at 61.8 retracement level indicates a potential bounce, I am looking to long the price on a pullback targeting the 200-days SMA. Note that the overall short to medium term trend is bearish.
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