amykhafash

Possible Buy Opportunity - 4Hr Analysis Oil

Long
TVC:USOIL   CFDs on WTI Crude Oil
After successfully crossing the 50% fib retracement, the scenario I'm more optimistic is a continuation of the bullish impulse to test price @ 56.90-57.30.

Remember an ascending wage suggests continuation on the uptrend. In this case, aiming to enter a long position once price breaks and retest its resistance.

Possible Entry @ 57.20
SL @ 56.00
TP @ 60.40

Use proper risk management.

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