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Zoen_Trieste

Point&Figure On USOIL

CFDs on Crude Oil (WTI) (FX:USOIL)  
Zoen_Trieste Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Candlestick Analysis Supply and Demand Support and Resistance Oil pointandfigure oiltrading Crude Oil WTI oiltrader
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candlestick supplyanddemand supportandresistance oil pointandfigure oiltrading usoil oiltrader
Rounded to a 100 tick movement point&figure chart of USOIL. By the looks of it, oil is building up momentum @ $63 and 600 tick movement can be expected. At this point, odds favour oil moving lower towards $57 but this can change by EOW. Staying tuned for further tells.
Comment:
This method is primary used to calculate profit targets for positional entries.
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