Lucifer759
Short

Crude Oil - Channel Breakout

TVC:UKOIL   CFDs on Brent Crude Oil
Brent Crude has been in a falling channel for few weeks now and that channel has been violated.
Price has also retested the channel once.
So assuming the low will hold Buy at 63 with a Stoploss of 59 Targets can be 64.3, 68.6 and 72.
Comment: Expecting at least 50% retracement if stop-loss doesn't trigger
Comment: Wrong signal on the description. Its Long not Short.
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