Zoen_Trieste

USOIL Bears Fail Yet Again

Long
Zoen_Trieste Updated   
TVC:USOIL   CFDs on WTI Crude Oil
There's a constant inflow of demand for USOIL. Dips are being bought by trend continuation players without hesitation and the overextended state of this market is not scaring bulls away. Given the HHs and HLs, it seems reasonable to buy around 7150 with tight stops under recent lows around 7120. Lower probability set up with decent R:R.
Trade closed: stop reached
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