surfingmarket

Crude Oil support junction buy opportunity.

Long
TVC:USOIL   CFDs on WTI Crude Oil
The junction indicated is a point where I want to buy. Note that the price DOESN'T have to make the red dash line drop before rallying, since it had already hit 50% retracement and 61.8% extension of BC/AB.
A bounce off the pitch fork bottom support line is ideal, it could very well reverse before that.

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