PowerTrades

USOIL Mean Reversal Pullback

Long
TVC:USOIL   CFDs on WTI Crude Oil
USOIl - If we continue to manage to hold above 23.85 ,we have a potential opportunity to trap shorts and pullback for a long side opportunity with limited risk. setup is developing at this point, need a confirmation on Lower time frame charts.
Longs can easily test 24.85 & 25.40 areas. Given the RR is good its worth
Trade closed: target reached:
Target done, good RR trade for the pullback.
Some positions can be trailed for Larger targets of 25.40 and higher.

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