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USOIL Buy Signal

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
TradingShot  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Harmonic Patterns Chart Patterns Oil signals oilsignals wtioil wtioilsignals Crude Oil WTI usoilsignals Energy Commodities Commodities
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trendanalysis harmonicpatterns chartpattern oil signals oilsignals wtioil wtioilsignals usoil usoilsignals energy commodities
Pattern: Fibonacci retracement

Signal: Bullish as the price made a bullish cross on the MACD and the whole pattern is similar to the previous sequence that topped on the 0.618 Fibonacci.

Target: 22.80 (just below the 0.618 Fibonacci retracement).
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