Could We See the US/OIL Reaching the 63.32 Level ? ๐๐๐
๐ก Trade Idea
๐ Buy Limit USOIL @ 60.92
๐ฏ Target Profit 63.32
๐ Stop Loss 59.73
โ Do not risk more than 1 % of your account on each trade
๐ Good Luck !
Description:
The price is trading within an ascending channel by posting higher highs and lows. Price managed to break the daily resistance (new support) @ 60.95. We expect a re-test of the new support where we have the 38.2 % Fibonacci level retracement. From this level, most probably we will see a move upward to the 63.32 mark.
๐ Buy Limit USOIL @ 60.92
๐ฏ Target Profit 63.32
๐ Stop Loss 59.73
โ Do not risk more than 1 % of your account on each trade
๐ Good Luck !
Description:
The price is trading within an ascending channel by posting higher highs and lows. Price managed to break the daily resistance (new support) @ 60.95. We expect a re-test of the new support where we have the 38.2 % Fibonacci level retracement. From this level, most probably we will see a move upward to the 63.32 mark.
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