FX:USOIL   CFDs on Crude Oil (WTI)
298 5 12
Market Analysis: The oil             has been in a uptrend for quite a sometime now. I think its time for some good retracements. My view is to hold it until reaches the two buying major support level . For a long term entries only. For short time frame il post another chart. So lets wait and see what the market does in the coming days. Cheers!
Trade closed: target reached:
snapshot

Related Ideas

Crude suddenly bounced back upwards without giving atleast 50% retracement.
Reply
Kishore paulsubbureddy
Stay with technicals sir. Maintain ur stops. Need not worry about fundamental datas. It will any how support our technical views
Cheers!
Reply
Tnks for your suggestions. I didn't trade n waiting for buy entry @50% retracement.
Reply
Kishore paulsubbureddy
Did u see this trade sir! Hit target
Reply
yes kishore. excellent analysis.
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