phaneroboy

Forcing the longside - Crude OIL

FX:USOIL   CFDs on Crude Oil (WTI)
Downtrend is strong and alive.
61.8 Fibonacci retracement gave us a nice reaction.
Other lows could certainly be seen, but a shot against this minimum (when a pullback will appear) with a proper r/r seems attractive to me.
This is not a trade recommendation.


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