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Possible Long Entry in Crude Oil Futures

Long
NYMEX:CL1!   Light Crude Oil Futures
An entry point near the long term support line of a channel around 58$ per barrel is touched. We are initiating long position with a capacity to scale if it goes in our favor. Stop loss at 54$ per barrel.
Trade closed: stop reached: The trade was closed at Stop level of 54$ very fast after initiation.

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