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JOHNNY
Feb 27, 2016 11:29 AM

BUY USOIL Long

Crude Oil (WTI)FXCM

Description

Although a FAKEY setup just emerged indicating a probable sell, according to Friday's close, because of the overall trend that is apparent since the 11/2/2016 (the pin bar on that date signified it clearly), I would rather remain long, waiting though to enter better on the support around 32,20 (green dotted line). S.L. would be below the 8 EMA and T.P. around the resistance (35.00)

Trade closed: target reached

Take profit opportunity. USOIL may stall, so it is a good point to take profit and exit.
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