We just closed a short crude oil change on a really nice move lower. Its time to get long now at current levels to target the 46.46 level on the upside. Once price action gets through the 44.86 level our target will be in sight.
Trade closed: target reached:
Price action spiked to hit our target level of 46.46. Nice trade of about 2.83. Solid gain for a shorter term move.