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smitheric1970

Long Oil

Long
Light Crude Oil Futures (NYMEX:CL1!)  
smitheric1970 Updated   
NYMEX:CL1!   Light Crude Oil Futures
Chart Patterns LONG Oil
6
2
chartpattern long oil
Enter Long 61.70
Target: 65.48
SL: 61.19
Trade active
Comment:
I have viewed 63.43 as an area of major strength, looking for equilibrium hedging to take prices near 65.50 'if'... we see an interim bounce from the current low.

Good trading all!
Trade closed: stop reached:
Ouch, lots of cuts on my hands! Made quick use of my SL unfortunately. Back to the drawing board.
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