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CFDs on Crude Oil (WTI)
Short
Apr 7, 2016
USOIL short (riding C corrective wave)
3
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Seems like a B corrective wave just ended after a perfect retracement to the 0.232 fib level.
Riding C downward look likes a good trade.
Take profit : 2008 low/previous daily trend line @ ~33
Stop loss : a couple pips above 0.232 retracement level @ 38.5
jbourgault
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jbourgault
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