majorlee

WTI Crude Oil Long opportunity... $100 oil by 2019?

Long
majorlee Updated   
TVC:USOIL   CFDs on WTI Crude Oil
The last trade we got stopped out on with Crude Oil, as it came down to lower fib levels and bounced off the 100EMA, now if oil can stay above both of these levels we can see a move towards $70 and aiming for $78

Use the fib or the suggested levels for a SL, will update as the week goes in, watch out for this upcoming inventories...

Wed 24th at 3:30pm we have US Crude Oil inventories news release:
www.forexfactor...om/calendar.php?day=oct17....

have a powerful week, please like and share if this chart has helped you




Trade active:

weekly bullish view
Trade active:

in we go :)
Comment:
more cautious traders can wait till it closes above 0.386 fib level
Comment:
gold coming into nice buy zone at 1220

Trade closed: stop reached:
my stop has hit


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