FullTimeTrader
Long

O1!-Great opportunity to buy OATS

CBOT:O1!   OAT FUTURES - ECBT
296 1 8
Its a pity my broker does not offer this grain, so i will use the tradingview's paper trader feature.
A possible long term set and forget trade. We have many reasons to buy:

- Giant bullish cypher in play
- Strong level of S/R
- Trendline support
- RSI extremely oversold
- Strochastics oversold and crossing
- Previous retracement to the 0.786 level before rallying ocurred three times. This is the "personality" of this grain.
- COT sentiment report

Best regards
Weekly Chart shows a double bottom with divergence:

snapshot
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