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UWTI
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120Short
Just looking at the chart. Be glad to hear anyone thoughts on the patterns playing out?
2
61.8 Fib Retracement meet at 19.59, look for this to break $22. Set stop loss at 19.27. Also breaking higher out of wedge and gap has been filled.
2
Hit 61.8 retracement. Watch oversold and set stop loss since this see,s to be more panic sell than profit taking. If stop loss hits look for re entry under $40.
2
Trend Line Support, bottom of BB bounce, 618 fib off low. Go long setting SL along the way
1
At bottom of lower BB, looking for a bounce. Slo Stoch and RSI looking to improve.
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