USOIL-Falling toward a multi-swing-low support

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USOIL-Falling toward a multi-swing-low supportWTI Oil FutureTRADU:USOILBorisRaymondWTI oil (USOIL) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 64.84 which is a multi-swing-low support that aligns closely with the 61.8% Fibonacci retracement. Stop loss is at 61.80 which is a level that lies underneath a multi-swing-low support. Take profit is at 69.36 which is a swing-high resistance.