USOIL Daily 5-0 Pattern

TVC:USOIL   CFDs on WTI Crude Oil
USOIL daily seems to be going for its last bullish extension leg to the 161.80% level. Though bearishness is still very much present, this market resembles a range before trend continuation impulse move. Lower timeframes for entries is the preferred choice. Wider stops and smaller size is also very important.
Trade closed: target reached: +250 ticks
Trade closed: target reached: +600 ticks
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