TVC:USOIL   CFDs on WTI Crude Oil
Congratulations to everyone that followed my previous analysis on CRUDE OIL. like i said, the road to 100 dollars was very clear, and this was confirmed with the price action. we achieved the goal. now lets look at the next possible move. from the 4h chart, the price moving to the bottom is very much unlikely due to so many blocks, supports and all. therefore we are still going to look for more buying opportunities. the price currently making a double bottom around a very strong support zone (this doesn't mean sellers are out of the market), this is an indication of further bullish pressure. A move up to at least 50% of the previous drop (pointed with the arrow) is highly expected. trade safe and have a good weekend guys.
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