SPOTCRUDE if it holds above 70.191 will retrace up again...if falls below can go to 96.894, and then 69.171 But it will be enough giving me back my 2 lossesof today.
USOIL Trading Tip: Take a look at the 6 confluences for this strong bullish trend: - Giant W-shaped pattern that formed a Double Bottom; - Tweezers Bottom that created a Resistance Line; - Bulls bouncing up from the S&R Zone; - Triple Inside Day that foretold that a very BIG move coming; - Bullish Pressure Zone; - And, Ascending Triangle formed by the Bullish and Bearish Trendlines (in red and green dotted lines).