peterbokma

CRUDE OIL- Buy strategy

Long
TVC:USOIL   CFDs on WTI Crude Oil
It is clear for the reasons to have moved lower.

Right now, we are nearing a possible resting point, which is near $ 78 (rounded). I feel that the move lower has been a little extreme as well, whilst it is not oversold.

I suggest BUY @ 81.50-83 for a move back to 91.00.


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