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FLZlRQ
Apr 16, 2020 8:03 AM

USOIL LONG Long

Crude Oil (WTI)FXCM

Description

USOIL seems maintaining the monthly and daily demand zone and switched to buys on lower TF. We have seen bearish momentum slowing down the past hours.

Entered a buy at the blue box retest (19.90$), as it offers me a great risk to reward.

RISK IS SMALL AS OVERALL MOMENTUM IS STILL BEARISH.

TARGET 1: 26.80$
TARGET 2: 33$

Trade safe,

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