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a1Keith

Long Oil at 62.50 next week

Long
Light Crude Oil Futures (NYMEX:CL1!)  
a1Keith Updated   
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Chart Patterns WTI wticrude wticrudeoil Oil
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trendanalysis chartpattern wti wticrude wticrudeoil oil
If CL retraces AND gets support on the lowest of the 4 parallel lines. Then I will enter long, with a stop beneath the previous spike low and take profit at the gently ascending line.

Comment:
Note US Petroleum EIA report will be released Wednesday February 28th at 1530GMT
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