DarrenWells

USOIL 100MA BOUNCE ($102 TARGET)

Long
FX:USOIL   CFDs on Crude Oil (WTI)
The 100MA has provided a strong support and resistance line since the beginning of the year. coinciding with the 0.764 fib line and move upwards on the CCI, I am favouring a long position with $102 my target which is in line with the .382 retracement

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.