Oil bottom Long

Crude Oil FuturesNYMEX

Description

⋅ Feb 16, 2016 5:24 AM

Oil was made a lower low followed by impulsive buying. We'll see how the with trend bears react, but I am looking for a buy zone close to the counter trend impulsive move around 27.3-27.6, stop close to 26, with an attack at 34, possibly higher.