Zoen_Trieste

CLN0: Potential Pullback Buy Setup

Long
NYMEX:CLN2020   Crude Oil Futures (Jul 2020)
The above charts shows an optimal limit buy area for a swing trade. Looking for a weakness to trigger a long entry while limiting the risk as much as possible is the aim. The 128.70% extension is a good area for setting a safe sell stop; the closer it is to that area, the better the reward for risk taken.
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