WTI Crude Oil Long opportunity... $100 oil by 2019?

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The last trade we got stopped out on with Crude Oil, as it came down to lower fib levels and bounced off the 100EMA, now if oil can stay above both of these levels we can see a move towards $70 and aiming for $78

Use the fib or the suggested levels for a SL, will update as the week goes in, watch out for this upcoming inventories...

Wed 24th at 3:30pm we have US Crude Oil inventories news release:
forexfactory.com/calendar.php?day=oct17.2018

have a powerful week, please like and share if this chart has helped you




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weekly bullish view
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in we go :)
Not
more cautious traders can wait till it closes above 0.386 fib level
Not
gold coming into nice buy zone at 1220

Gold buying forms new upwards channel looking too long [BTFD]
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my stop has hit

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btfdcrudeFibonacciTechnical IndicatorsinventoriesOilTrend AnalysisUSDWTIwticrudewtioil

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