What to watch out for on USOIL

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watching oil for a long.

need a slight pullback/retracement with price action showing signs of decelleration as we tap the 382 fib level.

If these confluences are met I would be confident in a long position as shown with the arrows for a good risk reward.

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Stops moved to break even letting full position run overnight
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TP1 57.94
TP 2 60.83
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profits taken after nice pa tap 1.681 extension
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i am now short oil.
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should have stayed long
Chart PatternsHarmonic PatternsTrend Analysis

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