CapitalTA

BUY CRUDEOIL WTI 83 STOP 77 TARGET 91/100 MEDIUM TERM

Long
NYMEX:CL1!   Light Crude Oil Futures
SIMPLE CHANNEL SUPPORT BUY TRADE.
If this week it gives a close over 87, shall be very bullish and attract massive up move towards the neckline levels of $91 and then few corrective pullbacks to 89, and the next move shall head to $100 in the medium term.
Protective stop loss can be placed either just below the weekly low or at $77 levels.

Lower risk and Higher reward Trade.

Regards,
SP
CapitalTA

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.