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Jonny_Fortune

Oil - Re-test Of Key Support With ABC Triggers Long Opportunity

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
Jonny_Fortune  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Wave Analysis Oil WTI wticrude Crude Oil WTI Technical Analysis Forex
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trendanalysis chartpattern waveanalysis oil wti wticrude usoil technicalanalysis forex
Price looks to be in a 3rd wave with the 4th wave just completing in an ABC Zig-Zag pattern and a re-test of key support - Clearing the way for a 5th wave up to the next key area of resistance highlighted on the chart. A rally in Oil should have a positive affect on the Canadian Dollar.
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