The last trade we got stopped out on with Crude Oil, as it came down to lower fib levels and bounced off the 100EMA, now if oil can stay above both of these levels we can see a move towards $70 and aiming for $78
Use the fib or the suggested levels for a SL, will update as the week goes in, watch out for this upcoming inventories...
Wed 24th at 3:30pm we have US Crude Oil inventories news release:
forexfactory.com/calendar.php?day=oct17.2018
have a powerful week, please like and share if this chart has helped you
Use the fib or the suggested levels for a SL, will update as the week goes in, watch out for this upcoming inventories...
Wed 24th at 3:30pm we have US Crude Oil inventories news release:
forexfactory.com/calendar.php?day=oct17.2018
have a powerful week, please like and share if this chart has helped you
Trade active
weekly bullish view
Trade active
in we go :)
Note
more cautious traders can wait till it closes above 0.386 fib levelNote
gold coming into nice buy zone at 1220![Gold buying forms new upwards channel looking too long [BTFD]](https://s3.tradingview.com/6/6W2WmOcP_mid.png)
Trade closed: stop reached
my stop has hit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.