USOIL TRADE IDEA 1 BEAUTIFUL BOUNCE OFF THE 0.786

USOIL had a lovely bounce based on the news off the 0.786 Fib Retracement on the Weekly timeframe and Range Low.

Daily timeframe was printing a oversold signal.

Currently holding the 0.618, if this holds could be good for continuation.

786 Fibonacci RetracementFibonacciinflationOiloiltradingSupport and ResistancetradingviewtrendTrend LinesuptrendlinesupportCrude Oil WTI

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