PowerTrades
Long

CL_F Trade ideas for Today

TVC:USOIL   CFDs on WTI Crude Oil
Expecting a hold of the 58.7-58.50 areas. for a test back to the target areas marked in dashed lines as a primary scenario.
secondary scenario - Break below that expect to test the downside target areas.
blue dashed lines- ( Long term references)
Red Dashed lines ( Short term references)
Comment: SCENARIO 2 IN PLAY. potential destinations 57.85, 57.30
Comment: There we have it, boom a nice hold in the resistance areas( remember support turning into resistances) and then finally bulls giving away.

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