SonicDeejay

A Nice Rebound May Be On A Card

Long
FX:USOIL   CFDs on Crude Oil (WTI)
418 views
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

Comments

Weekly Pin Bar Failed, as it is not followed by the engulfing candle..I will look to see Bullish candle for this week candle..
Reply
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