Crude Oil - Fib Retracement Short

Crude Oil (WTI)FXCM

Description

⋅ Mar 21, 2016 11:10 PM

Tonight we have USOIL on a Daily chart with a 0.618 retracement. This is additional analysis supporting my bullish 5-0 which was posted last week, you can view this idea below. Once price hits our 34.00 to 33.00 area I will be looking to go long!

Comments

Hiisham

⋅ Mar 23, 2016 12:49 PM

I'm a 100% agree he face a Daily Resistance have to see a correction down before go rally up again

LewisGlasgow

⋅ Mar 23, 2016 12:55 PM

Thanks, if you have any additional analysis feel free to share it!

Hiisham

⋅ Mar 23, 2016 1:19 PM

arif_awan

⋅ Mar 21, 2016 11:15 PM

great chart. thank you

LewisGlasgow

⋅ Mar 21, 2016 11:24 PM

No problem Arif, thanks again