USOIL trend analysis and strategy update

We closed some of our USOIL positions in profit today. We have since entered a buy again as price action has retraced to 50/61.8 fib zone (blue). As a part of our strategy and risk management, we have set a stop 20/30 pips below red line with take profit on the green zone. USOI
618 Fibonacci RetracementFibonaccifobonaccimamSupport and ResistanceTrend AnalysisCrude Oil WTIusoilanalysisusoillongusoiltrade

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