DiegoBeyer

Possible Oil Long

Long
DiegoBeyer Updated   
OANDA:BCOUSD   Brent Crude Oil
3
Following the trend line and previous PA.
Comment:
first breakout of a +1 year trendline. either way (short or long) the movement is going to be strong after the EIA report. I am still betting on long, since odds of breakouts or this nature (+1 one year trendline) tend to fail.
Comment:
invalidaded from breakout. next buy level at 49.60
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