Trade4God

USOIL Channel boundary broken

Long
FX:USOIL   CFDs on Crude Oil (WTI)
Today's candle has broken the upper channel boundary. Based on this move, recomputed the Fibs and expect a retrace to the 23.6 Fib line before negative motion begins. Trade carefully. This made be a new trend or a fake out. Need a few more days to analyze to be sure, but may hit or surpass the mark by then.
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