CFDs on WTI Crude Oil
Long
Updated

$CL_F heavily oversold

195
Oil heavily oversold, and price action very similar to previous approaches to the $50 line in the sand.

Suggest a buy at 50.80, SL 49.90, target 60. Or even start now (52.63)
Trade closed: stop reached
Stopped out. Now I expect it will follow the pattern. Stop was too tight.
Note
Yes, now following pattern! Drat!

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