AshirDanville

Reason (I) would take this trade

Long
TVC:USOIL   CFDs on WTI Crude Oil
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5
1.Resistance turned support has been active since 2016 July with massive Rejection each time price came to the level/zone.
2. 3 times recently price action tried to breach the level but the order flow in the zone is filled with institutional order flow.
3. Price action has over been overbought so correction is needed.