AdamHong

USOIL: Sell at the Pullback and the 0.618RET

Short
AdamHong Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
The market had pulled back the previous broken structure twice and then had a big fall. Now the third pullback is coming.
The broken structure locates at 49-49.2 levels which is also a Supply Zone.
Meanwhile the 0.618RET works at 49.3.
So it is good to sell at 49.0-49.3 levels when when the price pulls back.
SL: above 49.4
TP1: 48.2
TP2: 47.7 and further more
Trade active:
Very nice, the chance is given.
Comment:
Very nice, TP1 reached.
Comment:
TP2 reached, very nice.

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