CL back to $90 a barrel? Long

Crude Oil FuturesNYMEX

Description

⋅ Dec 4, 2022 11:20 PM

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.