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M-royce

USOIL - Lower Low + Key Level + Fibo Exten. = Short Opportunity

Short
West Texas Oil (OANDA:WTICOUSD)  
M-royce  
OANDA:WTICOUSD   West Texas Oil
Trend Analysis Chart Patterns 1618 Fibonacci Extension
3
0
trendanalysis chartpattern 1618fibonacciextension
Reason to Sell

1) Lower Low = Trend is heading South
2) 5800 = Key resistance
3) 1414 - 1618 Fibo Extension = potential reversal area


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