USOIL _ Potential Rally !

Feb 24, 2016

Potential rally at this zone due to :-

1- 0.382 Fibs retracement for _BA leg
2- 0.618 Fibs retracement for _CA,DA legs
3- valid structure level.
4-valid channel pattern
5- RSI oversold

Feb 25, 2016

Note

First target reached at 32.65

Feb 26, 2016

Note

Second target reached at 33.70

Mar 4, 2016

Note

expecting to reach the $ 38 per barrel (third target ) which will be at previous structure level

Mar 7, 2016

Note

$ 38.00 per barrel reached !

Mar 21, 2016

Note

Final target at $44.00