USOIL Long Play

USOIL looking perfect for a long

Huge rejection of the 78.6 as well as a higher low on the 1H timeframe.

The prior wick indidcates some strong buying pressure from the region below and a long makes a lot of sense.

Stops just below the prior hourly wick, take profit at $44.

Hope this helps.
fibFibonacci RetracementTrend AnalysisCrude Oil WTIusoilanalysisusoillongusoilpredictionusoilsignalusoiltrade

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