DLavrov

Double Bullish Divergence

Long
DLavrov Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
On the daily chart price bounced from the support level. Probably we'll have up movement for short term. MACD also starts rising and it's another confirmation for long trades. We have double bullish divergence on 4H chart. Entry level is 40.95 and profit target is near MA100. Stop order can be placed below the support level. It will be the 2nd try to catch up movement.
Trade closed: target reached

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