OILUSD has reached a fib level retracement back into 50% - 61.8% support zones. This is a strong BUY opportunity, with great upside potential back to previous ALL TIME HIGH of $130.00. The 127% is a future Target for a NEW high. And if price push pass there, we could see price reach the 161% fib target 2. Now, is the best time to get into position.
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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.