Mihai_Iacob

Oil- ready to explode again?- update

Long
TVC:USOIL   CFDs on WTI Crude Oil
In the morning I wrote that OIL could reach 30 this week...
As we can see from the chart, the correction seems to be over and the price is consolidating in a very narrow range.
A break of 27.20 would accelerate gains and we can see it reach 30 sooner rather than later.
This scenario is valid as long as the price stays above 26

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