the5erstrading

Confirmation Level USOIL 23/01/2018

Short
TVC:USOIL   CFDs on WTI Crude Oil
The USOIL is after a long rally, therefore I'll prefer to wait for reversal

Opportunity, for now, i'll wait to see if the price will break out the support

Zone, if that happens it indicates the price tends to reach the demand at the

Bottom, therefore I'll look for P"A setup to sell, my first target will be the demand

Below, and the final target is the demand at the bottom.

It's a swing term opportunity.

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