Mirandole
Long

Crude Oil : A new strong move up ?

FX:USOIL   Crude Oil (WTI)
Hi everybody !


Today I propose you a nice buying opportunity on Crude Oil             . The last Dollar downtrend didn't affect oil             market. I think there is here a nice divergence to take. The price of oil             could lead up soon.

On the technical view, we can see a nice consolidation of the spring strong uptrend and we are close to have a MACD buying signal. Moreover the 26-MA and 48-MA are converging up which may give us a strong move soon.


Trade setup :
Buy a move above 57.22
Stop Loss : 55.58
Take Profit at 62.89


Best Regards,
Serge
Update :
Profit Taken at 62.00.

Best Regards,
Serge
Reply
Breakout, waiting for a pullback.

snapshot
Reply
Hi !

We are now at the end of the end of a consolidation triangle pattern. We may see a breakout soon.

snapshot


Best Regards,
Serge
Reply
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