caugfour

Price battle in the Oil market Continues

Long
NYMEX:CL1!   Light Crude Oil Futures
I believe we will see another run at $82 over the next month. Both December and January gave us failed attempts at breaking the level. Expect increased volatility though as the rumor mill around the the European War and Opec+ intensifies. Politically we could see big swings as a result of news. Keep your stops tight and don't get caught with your pants down.

Short term long here, but things can Pivot fast.


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