USOIL is going to test previous resistance

٢٤ فبراير ٢٠١٦

Like I drew on the chart, the USOIL is likely to test the previous resistance since it has maintained the support of 100&200 days' MAL and up-trend line so far.

To be continued.

٢٤ فبراير ٢٠١٦

ملاحظة

I opened my long order yesterday at 31.2, and now the price is testing the first resistance of Fibo extension of 150%.

٢٥ فبراير ٢٠١٦

ملاحظة

Not bad. It just broke the first resistance.

٢٦ فبراير ٢٠١٦

ملاحظة

Target completed.

٢٧ فبراير ٢٠١٦

أغلقت الصفقة: تم الوصول للهدف

Although target reached, and the oder was closed, I recommend that open long order when it pull back to 32.25 which is Fibo extension of 150% and previous support, looking forward to above 35.