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LCFXpro
Feb 3, 2020 7:52 AM

US OIL LONG TRADE Long

WTI CRUDE OILTVC

Description

Can we see a bounce here? --- 51.00/barrel has been act as strong support since Q2 2019. now that we see the price are again coming down to visit major demand area that might give us the opportunity to look for long trade only if we can see a reversal pattern printed above or within the demand zone .
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.



Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support!

LamchiuFX
Comments
TradingExpertGroup
Agreed, the same view, though it could drop lower before going up again. We expect a test of the 46 level.

ProjectSyndicate
my prev idea hit a home run for 20%+ gains. new setup below.
usoil (wti) 4d best level to buy for 30% gains (NEW).
EvanEichelberger
made an entry for 51.14. going to hold to see if those support lines hold up.
jtyanna
@EvanEichelberger, how long roughly do you think you'd hold this entry for
EvanEichelberger
@jtyanna, late febuary to early march.
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