Fxprotrader

USOIL@ BullishAB=CD Completion At Key Support Zone

Long
Fxprotrader Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Not a lot to mention to this post. Crude oil is in a corrective structure with price testing a support level (watch image below) At that level price has formed a bullish ab=cd pattern which will probably push price higher.

I am planning entering this market with two long positions. Stoploss and profit targets as shown at the chart. If price reaches the first target i will move stoploss to breakeven for the second one.

Support Zone:


Like and comment,
John.
Trade closed: stop reached
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