USOIL DOUBLE INVERSE 1.618 PATTERN

What a Co-incidence
This Two Wave's Inverse 1.618 EXT
are at almost save level: 29.31-29.59
We know that some times a single 1.618 EXT is
very powerful already.
But now there are two!
and at same level!
I need to record this down and this might be
a very good case-study for Inverse 1.618 trade
set up.
So if OIL can't break this level, a strong rally will
turn up.
Le'ts see.

Komentarz:

Trade what you see. Obviously Oil has break the 29.60 level,
Therefore, No Entry yet.

Zlecenie aktywne:

Trade Active by using Low Time Frame (1h) 2618 Trade
Enter at 28.90

Komentarz:

the 2618 TRADE ALREADY win 100 pips FROM 28.90 to 29.90

Komentarz:

With the Weekly Closing at 32.20
confirmed that the 1.618 level at 29.60 is the pivot point!