Explorer-k

USOIL:long term strategy

Long
Explorer-k Updated   
TVC:USOIL   CFDs on WTI Crude Oil

The weekend was marred by rising tensions in the Middle East and between Russia and Ukraine, raising concerns about tight global supplies. The recent bullish trend of crude oil, the short-term correction is currently supported at the 80.8-80.5 support level

As shown in the figure, today's callback can be mainly long.

Strategy suggestion: You can buy long positions near 80.8-80.5 below crude oil. After sl80 tp1:81.7 breaks through, you can look at tp2:82.8-83.

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