KENJICHEN

0204-USOIL Analysis.

Long
KENJICHEN Updated   
TVC:USOIL   CFDs on WTI Crude Oil

USOIL
Oil boosted at Friday night, and close at weekly new high almost approach to 56.00, the short-term trend satisfied point.
Monday may have another chance to participate short-term long opportunities, if trend get fulfill, it will have correction at Tuesday.
Be ware of Asia trading time, if oil pull back, just long at 54.70~54.80 and waiting Euro zone to push up again.

Support: 54.86 / 54.70

Resistance: 56.00
Trade active:
Still waiting for long at 54.7~54.8
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