exlux99

Long Entry for Oil

Long
NYMEX:CL1!   Light Crude Oil Futures
As the past have shown us over and over again, in terms of crisis, commodities such as gold , energy or petrol tend to have much more demand than the rest.
Because of this, their prices tend go raise exponentially compared to normal times.

I believe at the moment, due to the Ukraine and Russia situation, there is a big long opportunity for assets like gold or oil .


Key points for this scenario
Long entry
TAKE PROFIT 1 on 130
TAKE PROFIT 2 on 150
TAKE PROFIT 3 on 160

STOP LOSS 113 - last ath level
STOP LOSS 99 - psychological level

RISK REWARD RATIO : For 1 $ lost we have the possibility of making 1/1.5/2$

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