spesfinancial

USOIL Possible long seup, be cautious

Long
FX:USOIL   CFDs on Crude Oil (WTI)
Price may keep going up when it breaks yesterday's high. However, we have a downside trendline on day chart as a resistance, and price has not yet tested the upside trendline. So we have to be quite careful about this trade. It's better if price goes down to test some support before breakout.

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