Hi traders!
USOil is getting close to a zone that I am watching very closely, I am looking at the 0.50% fib 73.71 and the lower line of the pitch-fork 71.43. Keep this 2 levels in mind and lets see if we can react.
On the other hand, everyone is talking about 75.00. Personally, I dont like to trade into levels that everyone is talking about! Maybe I am wrong, but I wouldn't put my money on that level.
More trading ideas, follow me on Twitter: @thiagotrader
USOil is getting close to a zone that I am watching very closely, I am looking at the 0.50% fib 73.71 and the lower line of the pitch-fork 71.43. Keep this 2 levels in mind and lets see if we can react.
On the other hand, everyone is talking about 75.00. Personally, I dont like to trade into levels that everyone is talking about! Maybe I am wrong, but I wouldn't put my money on that level.
More trading ideas, follow me on Twitter: @thiagotrader