AdamHong

USOIL:Completed Bullish AB=CD Pattern and the 1.618EXT

Long
FX:USOIL   CFDs on Crude Oil (WTI)
The bullish AB=CD pattern has completed at 49.2 level and 1.618EXT of the AB is at 49.1 level.
Meanwhile the previous low point is also at this zone.
So it is good to buy long at 49.1-49.2 levels when bullish candles appear.
SL:below 49.0
TP1:50.3
TP2:50.9 and further more
Trade active
Trade closed: stop reached: Just a few profits were taken.

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