FX.co - USOIL right at descending trendline resistance!

2020-04-29T09:57:02

Long-term review

Trading Recommendation

Entry: 15.10

Reason for Entry: Descending trendline resistance, moving average resistance, 61.8% Fibonacci retracement

Take Profit : 10.21

Reason for Take Profit: Graphical swing low

Stop Loss: 17.93

Reason for Stop loss: Graphical swing high, 61.8% Fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ USOIL right at descending trendline resistance!