FX:USOIL   CFDs on Crude Oil (WTI)
Hi Guys

Last night I warned "DO NOT HURRY YO BUY" because the channel 54-56 and the black trend line

Less than 24 hours you see Why I told you that.

Any way I suggest you if you bought, please set your SL at your entry point or at 53$

My reasons:

1- The Price could test the last down trend line (Yellow). The uptrending channel (Blue) is not sure yet.

2- The Price hit 53$ at 26-8-19 and 3-9-19 and could test again.

3- If The price hits 53$ and makes new trend line (Dotted) we could test the dotted line at many resistance points (1-1 , 2-2). After that we could have a more reliable channel as you see at the graph.

4- We did sell at last two days with respect lines A and B so we consider them also.

So we have a star that all lines intersect each other at that.

Guys! Take care about buying and your SL

Have good trade