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aiza_belle

Oil Long

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
aiza_belle Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Beyond Technical Analysis Oil xtiusd LONG Bullish Patterns short-term buy
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trendanalysis chartpattern beyondta oil xtiusd long bullish short-term buy
With OPEC and Russia discussing the supply cut extension from March 2018 to end of 2018 (but realistically, they might agree to June 2018 instead), there's higher probability that it will rise to 60-65 soon before going bearish again especially once tax legislation issue in the US is dealt with. Setting up buy stop order with TP @60 and tight SL between S1 and base pivot lines.

www.reuters.com/arti...market-idUSKBN1DT0X9

oilprice.com/Geopoli...s-In-Global-Oil.html


Daily:
snapshot

Weekly:
snapshot


Confidence: A
Trade closed manually:
Trade closed manually before the holiday season last year, but will go long again once bullish confirmation appears.
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