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CFDs on WTI Crude Oil
Long
Updated

USOIL Buy at 41.5 , from the support level

96
I will go LONG on USOIL because:
1) The price is under Support/Resistance zone.
2) It has touched the support and may reach the resistance zone .
3) Target would be the Resistance area . Book profit when it reaches the resistance zone .
4) The price is also forming a Chanel or Rectangle Pattern .
Note
5) If trade goes below support zone short it
Trade active
Trade closed: target reached
Deepak_dc93
Also on:
Beyond Technical AnalysisChart PatternsmcxcrudemcxcrudeoiltipsTechnical AnalysisTrend AnalysisCrude Oil WTI

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.
Beyond Technical AnalysisChart PatternsmcxcrudemcxcrudeoiltipsTechnical AnalysisTrend AnalysisCrude Oil WTI
Deepak_dc93
Also on:

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.