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CFDs on WTI Crude Oil
Long
Updated

USOIL:It is recommended to go long at 69-69.2

291
snapshot

Crude oil is basically a big shock. There is no pattern to such shock. We can only know its shock range. If it falls back today, we can consider the long opportunity at 69-69.2. If it rebounds directly, we can consider the short position at 71.4. There are opportunities for long and short positions in shock.

So I suggest entering the market at 69-69.2, with a target of 70.5-71.3
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Trade closed: target reached
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Chart PatternsTechnical IndicatorsTrend AnalysisCrude Oil WTIusoilanalysisusoilbuyusoilforecastusoilideausoillongusoilshortusoiltrade
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.