kmg9205

Crude Oil awaits for another leg down

Short
kmg9205 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Fibo 618 (54) + 4HR 50SMA strong resistance area 53.7 and technical indicators
daily fibo retrace to 382
target 51 to be safe
stop ~55
Trade active
Comment:
downward momentum/volume confirmed
first target 53
Comment:
SL extended to 56
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.