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FriscoTrades
Aug 20, 2021 4:33 AM

Crude Oil channeling Long

Crude Oil FuturesNYMEX

Description

An eye on CL! light crude oil - Bottom of channel and volume shelf. Aroon and Williams indicator showing signs of a reversal as well.

Trading the XOM October Calls.

Break of Channel could imply move down to the 200 MA

Comment

Respecting then channel so far, nice green reversal candle bulls stepped in right on cue :)

Comment

Bounced perfectly :)
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