US Oil - Moving higher towards 261.8%

USOIL
USOIL

Intraday - We look to Buy at 57.30 (stop at 56.50)

Posted Mixed Daily results for the last 4 days. The 261.8% Fibonacci extension is located at 62.00 from 50.30 to 54.80. Dips continue to attract buyers. Bespoke support is located at 57.30.

Our profit targets will be 62.00 and 62.10

Resistance: 60.00 / 62.00 / 63.80
Support: 57.30 / 54.80 / 50.30