TRDVMA
Long

OIL UPDATE

FX:UKOIL   Crude Oil (Brent)
125 0 1

Completion of wave structures
Piercing of significant hourly resistance lines
First Target 37$/barrel
Trade closed: target reached: This was the first chart that I have indicated that the Oil will reach 37, almost a month ago. I think we are going back down from this point on. I will make a more detailed analysis for the down path later on, with my targets.
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