akyong
Short

USOIL: Potential setups in place

FX:USOIL   Crude Oil (WTI)
Price has completed a double bottom 61.8 retracement setup. Aggressive trade can look to long the market targeting around the 42.70 region.

On the higher timeframe (H4) the trend is still to the downside. Thus more conservative traders can look for shorting opportunity around the 42.75 to 43.20 region.
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