ryan-snk

Crude Oil - Follow Fibs and Volume

Long
NYMEX:CL1!   Light Crude Oil Futures
Not much changed since yesterday. Still using the macro fib levels to play long term trends.

Highest volume nearest to current prices came in around $28 so that's where you want to ride the coat tails of the major players.
I'd buy a bounce at that level and then add on a break above $40

Longer term target is the fib level up at $62.50
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