supertwincam

WTI Crude Oil possible Double Bottom

Long
TVC:USOIL   CFDs on WTI Crude Oil
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6
Price has bounced off the 61.8% retracement area again, and has formed a second Pin Bar .
Price has struggled to close below the 48.00 area which has held as good support.
Long bias will be triggered if price breaks today's high.
A more aggressive/riskier entry would be to enter long from the 47.60 - 47.75 area, should price give us a retracement. This will keep our stop smaller.

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