Petrodollar
USOIL : Daily View. Potential Target $36Crown patterns emerges very evidently. Conventional target $36 which is 0.618 fib retracement.
Any news can give breakout from the pattern and rally towards $54-$55
Be careful
Long term trade
Short Entry Price : 44.30 (Candle Close below)
SL : $ 46.65
TG1 : $43.01
TG2 : $38.85
TG3 : $36.03
Pls refer to all Resistance line (Maroon)
PS. Generally I dont believe in support and resistance theory. Those are heaven for brokers.
Happy Trading
