As US Crude oil current year price trading in thick range in between 54 $ to 43$ continuously price manged to trade on ascending trend line. Now price is trading @ 46.30 while writing this post, Traders can buy Crude oil around 45.50 to 46 levels and manage to place your stop below 44.40 levels, As per COT reports slowly long positions are building upside levels looks like 50.50 & 52 levels looks like profit booking zone.
Happy Trading
Happy Trading
Trade closed: stop reached