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Oil Long Setup

Long
Crude Oil (CAPITALCOM:OIL_CRUDE)  
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CAPITALCOM:OIL_CRUDE   Crude Oil
Trend Analysis Chart Patterns Technical Indicators oiltrading oilforecast oilsignals oillong Crude Oil WTI Crude Oil crudeoilforecast crudeoillong
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trendanalysis chartpattern indicator oiltrading oilforecast oilsignals oillong usoil crudeoil crudeoilforecast crudeoillong
OIL Long Setup
🔵 Entry Level: $75.25
🟢 Take Profit: $78.69 (1.97R)
⛔ Stop Loss: $73.49

Reasoning:
1) Lower trendline in a descending channel
2) Oversold condition on the indicator
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