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USOIL Retracement 27.03.2024

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
BDSwiss_Academy  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators Crude Oil WTI retracement bdswiss
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trendanalysis chartpattern indicator usoil retracement bdswiss
Eyes on Crude oil / USOIL. this reversal that shows a rapid downward movement boosts the probability of a retracement taking place today. The target level should be near 81.15 USD/b (61.8 Fibo).

Alternative scenario would be that the price breaks the support leading to the next support at 80 USD/b.
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