gpuri
Long

OIL may be set for a bullish run to $55 off 0.5 fib retracement

FX:USOIL   Crude Oil (WTI)
With ROC momentum building up sharply OIL             may be set for a bullish run to $55 to complete AB=CD . It is bouncing off 0.5 fib retracement.
$55 is also a structural resistance.
0.543 ratio doesnt fit, must be between 0.618 and 0.786
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gpuri andberg
it is never to the pip.
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