Daniel Urdaneta
Long

Could this be? Buyer of Crude Oil at Secular support (40 and 35)

FX:USOIL   Crude Oil (WTI)
positioning indications on the chart.
Entry levels chosen at mayor support points in the last 10 years.

Targets chosen on areas where the uptrend, if we get one, could find difficulty climbing higher.

The 'Long Oil' trade is a purely Contrarian idea, based on the notion that extremes in sentiment are always the best leading indicators of price tops and bottom
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