alleytrader

oil, cl, day trading for Mar 10th 2020

TVC:USOIL   CFDs on WTI Crude Oil
Oil could be moving into a multi day smaller range consolidation so watch for a day of tight smaller moves. On the other hand if it breaks the consolidation a good sized larger move could easily happen so do not get caught thinking you know what will happen in oil. Play the action and the reactions. right now we are finding support that is decent around 32 and is an area I will be stalking for longs bounces to top of range.

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