CRUDE OIL LONG FIB

CRUDE OIL hit a huge extension on the 38% fib(blue). This level is incredible and has great support for it to go and try to hit its target at $77.79(green). This chart may look confusing because there are two fibs drawn. The first fib had oil hit the 50%(black) and it worked well to hit its target at $70.23(green). Oil has now retraced back into another extension and has bounced well off the 38(blue). CL1! IF YOU ARE INTERESTED IN SETUPS LIKE THIS FOLLOW DanTheTradeMan ON TWITTER.