InvestingScope
Long

Total compliance to our trading plan. Long intact.

FX:USOIL   CFDs on Crude Oil (WTI)
USOIL has respected the Higher Low (64.40) on the 1W Channel Up ( RSI = 1.630, MACD = 1.630, Highs/Lows = 0000, B/ BP = 0.1240) and is following our long trading plan to the point. 1D has now even broken through the bullish zone again (Highs/Lows = 0.6793, B/ BP = 1.5580, ADX = 30.382) breaking the previous Lower High (68.39) with a new Higher High = 69.30. The next landmark is the 70.43 High, which if recovered , will open a very aggressive bullish channel that will go all the way to a new Higher High on the 1W Channel Up = 77.64. We remain bullish with TP = 71.88 and 72.86 in extension.
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Comments

Morning, I have a similar TP using Elliot Wave
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nice man, kinda seeing the same thing, strong dollar maybe brings price down more to the fib level for good entry

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