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Mronejr

CL back to $90 a barrel?

Long
Light Crude Oil Futures (NYMEX:CL1!)  
Mronejr  
NYMEX:CL1!   Light Crude Oil Futures
Chart Patterns Wave Analysis crude Crude Oil Futures WTI (CL1!) CL Crude Oil Crude Oil WTI WTI russia
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chartpattern waveanalysis crude cl1! cl crudeoil usoil wti russia
Following price cap on Russian oil, Opec+ is likely to cut oil supply for the second time.
Technically, CL has broken above the downtrend resistance and now in a correction wave.
Getting filled at $77 will give us the ideal RRR in this trade.
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