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JoelWarby

Oil Update

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
JoelWarby  
FX:USOIL   CFDs on Crude Oil (WTI)
Double Top or Bottom Trend Lines Fibonacci Oil oiltrading Crude Oil WTI Crude Oil Fibonacci Retracement
6
2
doubletoporbottom trendline fibonacci oil oiltrading usoil crudeoil fibonacciretracement
After securing 350 pips profit yesterday I am reassessing the market to see if theres some potential to jump back on the trade.

We are seeing some confluences aligning again with a double top at the 61.8% Fib retracement of yesterday's move, a broken trendline and if we can then add a broken support level on top of that it will be offering a high probability move again.

Let us know your thoughts in the comments below.
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