BullBearMkt

Brent Oil Channel May Still Be Valid

Long
FX:UKOIL   CFDs on Crude Oil (Brent)
This week brent oil falls to its lower channel on the weekly chart & looking at a lower time frame to make the long entry. Stop loss placed below the lower channel while initial profit taking will be @70.55 resistance price level, however I'm a fan of trailing stop using fractal on lower time frame.

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