CFDs on WTI Crude Oil

USOIL break or bounce?

Updated

Blue circle is my zone of interest. Do we get a break or a bounce?

Note

If we gap, wait on a retest of 58 than it could be a very good buy with fundamentals on our side with the Saudi drone attack

Note

snapshot

look out for that 58 level

Note

snapshot

It never came to 58 but came back to test the 50% fib + EMA + this red zone. Missed the entry. ITs OK on to the next

Note

snapshot

look at what we got here, it came back again to retest that level and bounced off it again, good buy

Note

snapshot

we had the 58 bounce

Trade closed: stop reached

Also on:

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.