danresdidualfx

USOIL potential trade setup

Long
TVC:USOIL   CFDs on WTI Crude Oil
Although the price has been continuously bearish we are approaching a key dynamic area of support, if there are signs of exhaustion at this institutional demand area and a break of the counter trendline, this could confirm strong momentum to the upside as we seek for long term entries towards the targeted price region.

-Risk reward for this trade could be amazing, 1:4.4

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