SonicDeejay
Long

A Nice Rebound May Be On A Card

FX:USOIL   Crude Oil (WTI)
401 1 4
Oil             have plunged a lot in the month of last Nov and Dec             ,
The weekly Bar ends with Bullish Pin Bar . PB             can be more accurate if it is accompanied the engulfing bar in the following week.
In momentum play, am expecting to see possible rebound up to 65.4x and 69.4x level...

Nonetheless, it is considered CT             trade and be easy with your position size, Watch it like a hawk,.

Sonic            
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SonicDeejay PRO
2 years ago
Weekly Pin Bar Failed, as it is not followed by the engulfing candle..I will look to see Bullish candle for this week candle..
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