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Trading 1#: Trading setup for UK oil next week

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CFDs på råolja (Brent) (FX:UKOIL)  
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FX:UKOIL   CFDs på råolja (Brent)
Crude Oil Brent Elliott Wave tradeidea Support and Resistance
12
3
ukoil elliottwaves tradeidea supportandresistance
Oil rebounded strongly from last Thursday. From EW theory the rebounded waves will most probably be a 535 zigzig correction wave. The rebound is so strong that the correct wave might last for at least one week.
Trading setup:
Pending long order at around 30.9
SL at 28.9
TP at 36.1
Good luck for me!

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